GST on sale of used car
harshal Upadhyay (103 Points)
03 November 2018
is GST applicable on sale of used car ?
4 Replies
prasad Nilugal
( GST Practitioner & Accounts )
(14801 Points)
Replied 03 November 2018
Is it your personal car ?. or it is used for furtherance of busniess .
om sai srikar
(Intern)
(47 Points)
Replied 03 November 2018
If you claimed input tax credit on purchase you should charge GST on the sale of that car
Bharat Jha
(Manager - Accounts & Finance)
(105 Points)
Replied 03 November 2018
GST is applicable on such Goods because it is under the scope of GST and Purchaser of car is not eligible to avail ITC on such goods except for further sale of car.
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