Sale of old car

Goods and Services Tax – Started By: – Subir Bose – Dated:- 2-4-2018 Last Replied Date:- 10-4-2018 – Dear sir,My partnership firm wants to sell a car purchased in the year 2009 to a unregistered person and also wants to buy a new car. So is gst applicable on sale and itc applucale on puchase of new car?Subir Bose – Reply By KASTURI SETHI – The Reply = GST is payable on sale of old car. ITC is not admissible on purchase of a new car. Read Section 17(5) of CGST Act, 2017. – Reply By Ganeshan Kaly

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