Congratulations on your recent used car purchase for your company! Regarding the tax situation, it's essential to consider a few factors. Used cars are indeed subject to GST under certain conditions. According to the GST rules, if the seller is a registered dealer and the supply of the used car is in the course of business, then GST is applicable.
In your case, if the transaction involves a registered dealer and is a business-related purchase, GST should be charged on the invoice. It's always a good practice to ensure that the invoice reflects the correct tax amount to maintain compliance.
Also, if you ever want to move your car, consider using car relocation services. This can be especially helpful if your company needs to move vehicles between locations efficiently.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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