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Gst rate on second hand two wheeler sales

Ataur Rehman (147 Points)

02 September 2021

Please guide how is be charging gst on second hand buying and selling on two wheelers. Please give me an one example.

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2 Replies

Aditya Sharma (6 Points)
Replied 03 September 2021

Gst is levied on supply of goods and services and selling of second hand car does not comes under the definition of supply thus no gst can be collected.

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prasad Nilugal ( GST Practitioner & Accounts ) (14801 Points)
Replied 03 September 2021

As per notification 8/2018 ( C T ) rate dt 25/1)2018 , GST applicable on Old and used vehicle selling , GST applicable on Margin ( Sales - Purchase ) value , So please refer notification for more details . Notification is available on CBIC web site / GST / Notification.