Sales old car

Anshuman Basu (account -GST) (1546 Points)

24 August 2021  
A Luxury car was purchased by a Registered Firm in 2014. The Firm has not claimed any input on the said purchase, because it was block credit U/s 17(5).

 Now, The Firm want to sell this car. Do The Firm need to charge GST on sale (Though The Firm have not claimed input at the time of purchases)? If yes, at what
rate do I need to charge GST?

In GSTR1 which column we show the Figure:


Sales value Rs.1,14,2306/-

WDV 1st August 2021 Rs.5,38,456/-

Margin Value Rs 6,03,850/-