Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

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.


Show only 30,000 as turnover.

You need to be the querist or approved CAclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

CA Learning