GST on used vehicle sale
Sj Damani (17 Points)
02 September 2021"depreciated value".
Is GST applicable pls let me know.If yes then how to raise sale bill
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13759 Points)
Replied 03 September 2021
Since it is not in the course of furtherance of business as per section 7 it does not qualify as supply.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961