Is it correct that GST on sale of old car will be applicable on the difference between sales value and WDV ?
prasad Nilugal
( GST Practitioner & Accounts )
(14540 Points)
Replied 18 June 2022
prasad Nilugal
( GST Practitioner & Accounts )
(14540 Points)
Replied 18 June 2022
This Notification shall not apply , if Input Tax Credit has availed earlier , please go through above notification in detail .
CA Puja Sharma
(Chartered Accountant)
(4969 Points)
Replied 18 June 2022
Yes.
If the sale value is less than WDV then there will no GST.
CA Rashmi Gandhi
(Chartered Accountant)
(86308 Points)
Replied 18 June 2022
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
