Old car transaction
This query is : Resolved
Quick Summary
Rajkumar Gutti
(Querist)
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
Old car sold at Rs. 5000/-
Is GST payable by company. If yes at which rate
Dhirajlal Rambhia
(Expert)
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.
Rajkumar Gutti
(Querist)
27 April 2025
Ok Thanks sir, धन्यवाद 🙏🙏🙏
Dhirajlal Rambhia
(Expert)
27 April 2025
You are welcome.
Dhirajlal Rambhia
(Expert)
28 September 2025
Good luck.....
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