Gst on selling of old car used for business purposes
This query is : Resolved
01 November 2019
If Old car sale amount is less than WDV, GST is applicable?
01 November 2019
In case you have claimed depreciation under section 32 of the Income-Tax Act,1961(43 of 1961) on the said car and sale value is less than WDV, GST is not applicable
01 November 2019
Thank you for your reply.
01 November 2019
Where should i show in GSTR 1 & GSTR 3B?
01 November 2019
In my view, it is to be ignored and not required to be shown in GSTR returns
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