Old car transaction

This query is : Resolved 

27 April 2025 A old car sold by gst registered company to a individual. Old car depreciated value is zero.
Old car sold at Rs. 5000/-

Is GST payable by company. If yes at which rate

27 April 2025 Yes, GST is payable by the company at the rate of 18% on the margin; which is Rs. 5000/- in your case.

27 April 2025 Ok Thanks sir, धन्यवाद 🙏🙏🙏

27 April 2025 You are welcome.

28 September 2025 Good luck.....


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