GST on sale of used Motor vehicle

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A partnership firm registered under GST purchased a motor vehicle in 2018 and now wishes to sell it in 2022. The query is whether Goods and Services Tax (GST) applies to this sale. The advice provided is that 18% GST is applicable on the sale value exceeding the vehicle's book value.

DIVYESH JAIN

DIVYESH JAIN (Querist)
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18 August 2022 Dear Sir,

One of my client is having a Partnership firm in which he has purchased Motor Vehicle in the year 2018. Now, in 2022 he wants to sell that motor vehicle.

The partnership firm is registered under GST.

My query is whether GST is applicable on sale of motor vehicle. Please help me in this matter.

Regards,
Divyesh Jain