I have a two wheeler dealership. If I sell a demo motorcycle (<350cc) on which ITC has been availed what would be rate of GST and on what value GST will be paid.
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 06 February 2024
No srparate GST for used vehicle. GST rate as new vehicle and it's parts...
But,
Are You buy and sale of vehicle...?
Or
Only Commission based sales...??!
But,
Are You buy and sale of vehicle...?
Or
Only Commission based sales...??!
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 07 February 2024
Adei Narayanaa...
Athu query oda thalaippu da thampi...
(That's query's heading bro)
Athu query oda thalaippu da thampi...
(That's query's heading bro)
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 10 February 2024
GST rate is same as of new vehicle as said my Mr Raja PM and tax is calculated on sale value of demo motorcycle.
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