SALES OF USED CAR PURCHASED BEFORE 1ST JULY,2017
Query (Issue) Started By: – SURYAKANT MITHBAVKAR Dated:- 7-12-2017 Last Reply Date:- 15-12-2017 Goods and Services Tax – GST
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GST
As per new changes we have to pay tax @65% of the applicable GST rate on sale of Used Motor Vehicle.
Now our HSN code is 87033310 for Motor Car and rate of GST is @28% +Cess @20% when we sell the used Motor car assuming the same we are liable to pay 65% of the applicable GST i.e. GST @ 18.20% +C
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