banner_ad

used cars gst rate.?

Rate / HSN codes 535 views 6 replies
please provide a note regarding used cars under gst.
including the sections under gst.
if I sell my car BMW to a dealer of used car. has he pay rcm for the transaction.? if my car is sold rs 5 lakh. what about reverse charge and the car again sold by the dealer to another party. what is the rate of gst ?, the gst rate is effect total value of car or dealer margin or commission.?
give a clear cut example please.?
Replies (6)
gst will be calculated on profit only. sold to dealer 5 lac , no gst , further he sold to customer 510000, then pay gst on 10000
gst not applicable if individual sold a car to individual. means not through broker or dealer
rate of tax
please
28 plus applicable cess

The rate of GST is an important tax that is levied on the sale of goods and services in India. The GST rate is set at 6%. 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Related Topics
Loading
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details