GTA service vs profit on sale of trucks.

LAKSHMI KANTH (TAX CONSULTANT) (449 Points)

01 July 2019  
Sir. My client is a GTA ie goods transport agency, having nearly 150 trucks/ fleet. We are under forward charge. certain trucks that were purchased during the financial year 2012-2013, were sold out during the financial year 2018-2019, and got a profit of 15 lakhs. Now , whether do i have to pay GST, if so at what rate and under what section. Pls advice