Gst rates on used vehicles
This query is : Resolved
26 March 2019
GST to be paid on the marginal value (Sale Value - Book value) when the old vehicle sold (No ITC claimed because depreciation claimed and vehicles are Fixed Assets). But GST how much Percent Payable if registered person sold following 2 Vehicles???
1. 4 years old OMNI car 1100 CC
2. 5 years old TVS Mopeds of 100 CC
1. 4 years old OMNI car 1100 CC
2. 5 years old TVS Mopeds of 100 CC
26 March 2019
Sir, Check the notification no.8/2018(rate) CGST.
Thanks and Regards
CA Shubham Sharma
shubham.vnv@gmail.com
9462302922
Thanks and Regards
CA Shubham Sharma
shubham.vnv@gmail.com
9462302922
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Specified Profession
- Last year TDS Claim
- TDS related Query_Liquidated Damages
- STCG FOR GOLD ETFs
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
