If we want to sold old car which is bought in VAT act
Whether GST applicable on this Innova
We are not taken credit of this car that time
3 Replies
vikram kerekar
(1244 Points)
Replied 16 December 2017
aa per vat rule u cant taken vat setoff but sale time u pay Tax...
radhey shyam
(artica)
(4 Points)
Replied 16 December 2017
rule 32 of gst case 1 when ITC not availed then taxable value selling price - purchase price. case 2 when ITC availed then as normal selling price
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