Purchase of second hand car for business purpose from the owner (seller) of the car who was using it for personal use.
Whether GST under Reverse Charge Mechanism apply? , if yes then at what rate?
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Reverse charge mechanism (rcm)
Replies (3)
Yes applicable @ 28%
No....reverse charge is not applicable....it should be supply in course of business for supplier....here, supplier was using for personal use
No....reverse charge is not applicable....
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