Is gst applicable of sale of company car
This query is : Resolved
dharmender
(Querist)
18 May 2018
X company is stock broker company ... having car on companies name , now wants to sale to another register firm .
my question is GST applicable on that ?
ex. WDV value is 300000 /-
sale value is also 300000 /-
should we tax on that or not?
my question is GST applicable on that ?
ex. WDV value is 300000 /-
sale value is also 300000 /-
should we tax on that or not?
CA R SEETHARAMAN
(Expert)
18 May 2018
No GST applicable on this sale.
dharmender
(Querist)
18 May 2018
thanks a lot sir for reply ...
CA R SEETHARAMAN
(Expert)
18 May 2018
Welcome...............................
dharmender
(Querist)
01 June 2018
Sir,
My Auditor saying that GST and Cess will applicable on sale of used Car. Is its Right?
If yes, how should we calculate GST and Cess.?
My Auditor saying that GST and Cess will applicable on sale of used Car. Is its Right?
If yes, how should we calculate GST and Cess.?
CA R SEETHARAMAN
(Expert)
01 June 2018
Not right, change the auditor they are talking about sale of new car.
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