if I sell a car
what are its GST implications?
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GST ON SALE OF USED CAR
Replies (2)
You ll have to pay GST in terms of Section 18(6) read with rule 41.
I assume you are not a second hand car dealer.
I assume you are not a second hand car dealer.
U will have to pay GST for the Sale value and u will have to reverse proportionately ur ITC as per the provisions.
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