Is it correct that GST on sale of old car will be applicable on the difference between sales value and WDV ?
Is it correct that GST on sale of old car will be applicable on the difference between sales value and WDV ?
This Notification shall not apply , if Input Tax Credit has availed earlier , please go through above notification in detail .
Yes.
If the sale value is less than WDV then there will no GST.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
