1. Car purchased prior to GST & No Vat credit availed WDV is 125000/-. Any tax liability will arise on sale in case of regular taxable person and composition taxable person? 2Car purchased in GST regime & No itc availed WDV is 125000/-. Any tax liability will arise on sale in case of regular taxable person and composition taxable person?
05 May 2020
Gst will be charged but gst is as per car variant petrol, diesel etc. And length in mm. Pl, refer not. 08/2018 central tax rate prescribed for gst concessional rate.
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