Any
Gst liability on sale of old used car by car dealer?
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Gst liability on sale of old used car by car dealer?
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if it's business of sale purchase of old car then same liability as new dealer
as he has to pay tax at the time of sales
as he has to pay tax at the time of sales
Yes, since it is in the course of furtherance of business hence, in terms of section 7 of the CGST Act 2017 the same is liable to GST. The rate would have to be determined using the rate schedule provided under the act. The rate as is applicable to new car will be applicable to used cars too.
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