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Sales Vechile
GST on sales old vechile in running conditions
Replies (7)
Is this vechile used by the company for "furtherance of Busniess " ?.
company project site use
Yes, GST will be applicable.
gst rate
As per the section 7 sub section 1 of the CGSt act 2017 Sale / disposal made or agreed to be made for consideration by a registered person in the course of furtherance of Business will be treated as supply .
Therefore if you disposal of old vechile in course of furtherance of Business GST is applicable
Confirm with others also
Rate - 18%
Thanks
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