How to enter in gstr 1 used vehicle sold to our staff
This query is : Resolved
06 February 2019
Sir / Madam,
We recently sold one used vehicle to one of our staff billed with GST 12%. Now how can we enter this transaction in GSTR1. In which tab we have to enter?.
Is is OK to enter in B2C tab? as we cannot enter GSTIN.
Note we have only B2B transactions tillnow through our business (i.e Registered Dealers only).
Kindly advise us the correct way to enter the transaction.
Thanks in advance,
with regards,
Bazeer L
We recently sold one used vehicle to one of our staff billed with GST 12%. Now how can we enter this transaction in GSTR1. In which tab we have to enter?.
Is is OK to enter in B2C tab? as we cannot enter GSTIN.
Note we have only B2B transactions tillnow through our business (i.e Registered Dealers only).
Kindly advise us the correct way to enter the transaction.
Thanks in advance,
with regards,
Bazeer L
06 February 2019
Enter it as B2C outward supply. please note no tax is payable on outward supply of second hand cars if the consideration is less than WDV of the vehicle as per I. Tax Act, 1961.
Message likes :
2 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
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- Regarding IMS Mandatory from 1st July 2026
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- What is provisional receipt number for generation of form 16A
- Salary and pension received from Asian Development Bank
- 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
