old and used bike purchase krne pr kitna gst tax dena parega. sir
Replies (3)
Quick Summary
Purchasing a used bike from an individual seller, where their name is on the RC, means you generally won't have to pay GST. However, if you buy from a dealer or agency, GST will apply, but only on their profit margin, typically at a rate of 12% as per Notification 8/2018 CT (r).
If you purchasing the used old bike from individual person who have name in RC just like Ram or Sham, then you don't have to pay GST. However, if you purchasing the used old bike from dealer or Agency then you have to pay GST only on profit margin.