GST on car sale to employee

This discussion explores the Goods and Services Tax (GST) implications when a company sells a car to an employee, particularly when the car was previously capitalised as a company asset and provided as a perquisite. Key questions revolve around whether GST should be charged on the depreciated value under reverse charge or forward charge mechanisms. The applicability of input tax credit and the timing of the car's purchase (pre- or post-GST era) are crucial factors in determining the correct GST treatment.