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GST on sale of Old Used Car

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(Querist)
06 November 2019 When Old used car we are selling whether depreciation as per IT Act to be calculated till the date of sale or what
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CA Anita Bhadra

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CA Anita Bhadra (Expert)
07 November 2019 Yes , depreciation is to be calculated

in case you have claimed depreciation under income tax - GST will be on difference of consideration received and depreciated value of machine


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