Please Help: Sale of Car under any other business in applicable on it GST
Posted Date : 26-Dec-2017 , 02:39:25 pm | Posted By sumit goyal
we have sold one car which is purchased Before Applicable of GST under our Normal Business use ( Other than car business), Now sold it After applicable of GST,
still we have not used ant credit of TAx
so I want to Know that GST will be applicable on Car sold or Not, Why ?
still we have not used ant credit of TAx
so I want to Know that GST will be applicable on Car sold or Not, Why ?
Category : GST | Answers : 0 | Comments : 1 | Hits : 312
Answers
Comments
Rahul Gupta
13-Jan-2018 , 03:42:38 pmCase-1 If you sell your car to registered Dealer having GSTIN than he is required to pay GST under reverse charge. Case-2 If you sell your car to unregistered dealer having NO GSTIN, then no GST liability will arise.