Sale of old car
Query (Issue) Started By: – Subir Bose Dated:- 2-4-2018 Last Reply Date:- 10-4-2018 Goods and Services Tax – GST
Got 3 Replies
GST
Dear sir,
\nMy 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?
\nSubir Bose
\nReply By KASTURI SETHI:
\nThe Reply:
\nGST is payable on sale of old car. ITC is not admissible on purchase of a new car. Re<\/p>\n
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