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Gst applicability on used vehicale sale
if i sold a used car or bike, ( i am not a vehicle dealer . i am a regular businessmen.) in this situation i had to pay gst or i dont need to pay any tax.
Replies (1)
if u have claimed gst on purchase u have to pay gst.
permanent transfer of an asset on which itc is claimed will be taxable even for without consideration as per schedule-2
permanent transfer of an asset on which itc is claimed will be taxable even for without consideration as per schedule-2
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