Dear all,
Pls clarify
If a company purchased a car for business use and sells it after some time on which no credit is availed as an input by company and the company is selling car to another person who is also registered under GST then whether GST is applicable or not
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GST on Sale of Business Assets
Replies (6)
not applicable
because you sold only used car
kindly read Point 4 of schedule 2 of CGST Act 2017
you can sell to margin scheme registered person where GST is not applicable
means second hand car dealers
means second hand car dealers
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