GST: Scope of Supply - disposal of the scrap vehicles after its usage is an activity of 'supply' in the course or furtherance of business and such transaction would attract GST - Authority for Advance Rulings, Maharashtra in CMS Info System Ltd. There is a GST on sale of old cars
Menu
Gst on sale of old cars
Replies (1)
Yes , if it is purchased before GST regime , so as per the notification 37/2017, Gst is applicable on the 65% of Transaction value (sale value)
Recent Threads
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
Related Threads
CAclubindia
