26 March 2019
GST to be paid on the marginal value (Sale Value - Book value) when the old vehicle sold (No ITC claimed because depreciation claimed and vehicles are Fixed Assets). But GST how much Percent Payable if registered person sold following 2 Vehicles??? 1. 4 years old OMNI car 1100 CC 2. 5 years old TVS Mopeds of 100 CC
CAclubindia
