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Gst implication
we purchase commercial vehicle in online auction and sell to direct custmor
Replies (8)
| Originally posted by : Rajinder Tah | ||
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we purchase commercial vehicle in online auction and sell to direct custmor |  |
Dear.,
If You mean COMMERCIAL VEHICLE is reach the T/O ceiling. Then you are falling under GST. Because, GST T/O limit Rs.20Lakhs for Unregistered deler.....
thanx for your reply
but fail to understand how & what is calculation
COMMERCIAL VEHICLE....?
Please give the details....
Turn Over is based on Previous year activities. And the projected activities is your business movement based. So, you can justify your business. Then go to GST implement
i purchase a commercial vehicle from a indiviual custmor ,he does not have gst no.,so he does not pay gst, then i sell this vehicle to another who will pay gst & how much ?
Your Outward supplies is no effect anyway. Your inward supplies to RCM applicable...
thanx
Welcome Sir....
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