EASYOFFICE
EASYOFFICE

GST on sale of used Motor vehicle

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 August 2022 Dear Sir,

One of my client is having a Partnership firm in which he has purchased Motor Vehicle in the year 2018. Now, in 2022 he wants to sell that motor vehicle.

The partnership firm is registered under GST.

My query is whether GST is applicable on sale of motor vehicle. Please help me in this matter.

Regards,
Divyesh Jain
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
18 August 2022 18% GST applicable on sale value in excess of book value.
Profile Image

DIVYESH JAIN

Profile Image

DIVYESH JAIN (Querist)
18 August 2022 Ok, Thanks for your reply
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links