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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GST on sale of old car
Replies (3)
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%
Not applicable
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
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