supply

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If i purchase car for business purposes,, and after using it sale it to another person,,, whether it is called supply in furtherance of business and levy GST on such supply??
Replies (2)

Sale of used  car  is   treated  as supply and GST  applicable of  margin ( purchase -sale price ) . If Depreciation under Income tax availed  then  ( W.D.V -Sale consideration ) . 

yes you need to charge gst on that


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