old vehicle rate

329 views 10 replies
tax rate on old vehicle if government auction as a scrape.
Replies (10)
As per Circular 76/50/2018 read with toNotification 36/2017 CT (r) If recepient is registered then RCM is applicable else Govt has to deposit the GST

Rate is 28%
If the vehicles are supplies in auction sale with registration certificate, the rate of vehicle shall be applied, i.e., 28%.
An Auctioner is being appointed By govt & the auctioner will raise the bill for services provided to Govt .
Yes agree with your view Pankaj ji...
if sale as a scrape without registration than tax rate?

IF IT IS BEING SOLD AS SCRAPE THEN RATE OF SCRAPE WILL BE APPLICABLE

WHAT DO MEAN BY" WITHOUT REGISTRATION" !!!!!!!

without registration means vehicles registration transfer

TO SELL AS SCRAPE  REGISTRATION IS NOT REQUIRED

Well said Pankaj ji..
good clarification and information


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