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Sale of second hand vehicles

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PARAS CHHAJED

PARAS CHHAJED

(Querist)

29 March 2020 All are aware that Honourable Supreme Court has allowed to sell 10% of unsold vehicles within 10 days after corona lock-down ends and the dealers have to dispose 90% of unsold stock either by returning to the manufacturers for modification to the vehicle but the manufacturers are understood to have asked the dealers to get the vehicles billed to themselves and registered before 31st March 2020 in the dealers name and then sale the vehicles later as second hand vehicles. Please suggest treatment of such billing for GST. Thanks

CA Suresh Jain

CA Suresh Jain (Expert)

02 April 2020 Assuming that you are not a C&F and the vehicle is already billed to you by the vehicle manufacturer. You can not supply to yourself and make invoice unless you are a distinct person as provided in GST Law. In view of this make a commercial invoice not for sale and get the vehicle registered.

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