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GST on sale of old car

18 January 2018

I have GST No.
If I sale my old car to unregistered person, whether GST would be applicable on this transaction and if so at what rate?

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3 Replies

Durgesh Thakar (7 Points)
Replied 18 January 2018

Yes GST will be applicable provided the motor vehicle is related to your business activity...if the same is being used for personal purpose no GST is to be paid.....Further rate will be 18%

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Mr. Singh (497 Points)
Replied 18 January 2018

Not applicable

Amarjeet jasiwal (student) (147 Points)
Replied 19 January 2018

No .. no gst is to be paid on sale of car as it is not in furtherance of business and no itc can be claimed of gst laid on purchase of car .. therfore schedule I is NA