Sale of car GST


This query is : Resolved 

Quick Summary
If a private limited company sells a car and is not registered for GST, no GST is payable. However, if the sale of the car pushes the company's turnover above the GST registration threshold, then registration will be required, and GST will need to be paid.

(Querist)
05 November 2021 Hello All
Pl advise if I sale my car which is name of our Pvt Ltd co is gst applicable if yes who is to deposit gst and how. Our co is not having GST no.
How much gst percent
Regards

05 November 2021 No GST payable in this case as the company is not registered under GST.

05 November 2021 No GST since you are unregistered but if due to sale of car your turnover exceeds the threshold limit then you will be required to take registration and pay GST.


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