Gst rate on.used old cars

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Querist : Anonymous

Querist : Anonymous (Querist)

10 June 2018 What is gst rate for company owned car when selling to individual person which is purchased on vat regime.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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10 June 2018 Normal rate of GST will apply depends on size,capacity and type of vehicle. since used car you can calculate difference between wdv and selling price and apply gst only on difference between selling price and WDV Refer Notification No. 8/2018 Central Tax Rate