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Gst on second hand car

This query is : Resolved 

Hi Expert,

We have dealing in Second Hand Car.

Purchase of Car Rs. 1,40,000
Sale of Car Rs. 1,70,000
Profit - 30,000 (as per marginal scheme we have paid GST on Profit)

My Q is In 3B Where i can show 1,70,000 Amount, (In taxable i can show Rs. 30,000)

Please advice. also correct me if i am wrong on above case.

Thanks,



Show only 30,000 as turnover.


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