GST Levy on sale of Old Car

By | December 5, 2017
(Last Updated On: December 5, 2017)

Company wants to sell its old Car. What is GST implication and to be applied at what price? Any changes if given to dealer of new car in exchange offer?

Answer: It is treated as supply and applicable GST is payable on the value realised.

GST FAQ by Govt Twitter account  02.12.2017

 

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