GST on sale of Assets

Yes GST is applicabe. As its purchase in vat regime so on margin (Sale -Purchase) GST is applicable.

GST Rate 12 % & 18% is applicable as per CC engine of vehicle mentioned in Notification. 8/2018, CT (R)

More then 1500 CC , leanth exceeding 4000 MM, GST is 18%

Else ,.. 12% 

As per Notification 8/2018 CT (r)

Vehicle of Vat Regime Sold in GST Regime :
GST is applicable on Profit Margin (Sale-Puchase )

Vehicle Purchased & Sold in GST Regime :

If ITC claim , then GST is on transaction Value 
If ITC is not claim , then GST is on Profit Margin (Sale - Purchase)

GST Rate 12 % & 18% is applicable as per CC engine of vehicle mentioned in Notification.

More then 1500 CC , leanth exceeding 4000 MM, GST is 18%

Else ,.. 12% 

Thanks for the correction mohit, sorry for the same, modification not working, agreed with mohit

Yes gst applicable as mentioned above.

In each msg @ Mr. Vinod you are writing agree, right or same answer for points unnacessarily

😂😂😂😂😂😂😂😂😂 sahi pkre ho

Better leave him for reply 😀🤔

OK left from now bye. Thanks bro

Rohit tibrewal and Mohit tibrewal. Are you both brothers🤔

@ Rohit , if modification is required ???? ☺️

Supply definition says ".......... by a person in the course or furtherance of business "
so sale of asset is in furtherance of business??