Old Vehicle sold by a pvt ltd
This query is : Resolved
05 October 2023
a pvt ltd registered in GST doing busines of PVC retial business. want to sale old car buy 3 year ago. what the HSN code and rate of GST on sale of this old car.
05 October 2023
Is it sold above the book value.
05 October 2023
one car is sold on book value as per comapny act. which is less than income tax value .
second is sold on above the book value as per company act which on the same as per income tax wdv.
second is sold on above the book value as per company act which on the same as per income tax wdv.
06 October 2023
No GST payable on car sold on book value.
18% GST payable on the excess of book value car sold in excess of book value.
Not to consider income tax value.
18% GST payable on the excess of book value car sold in excess of book value.
Not to consider income tax value.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Import license renewal
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
