Selling of a used car
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2018
Dear Sir,
Please let me know if a registered gst dealer wants to sale a used car whose selling price is less than its w.d.v. , in this case whether the dealer is required to pay gst on it?
Thanking you.
Please let me know if a registered gst dealer wants to sale a used car whose selling price is less than its w.d.v. , in this case whether the dealer is required to pay gst on it?
Thanking you.
14 July 2018
If the selling price is less than WDV, no margin and no GST.
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