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  1. R R Modi
  2. Second Hand Cars
  3. Wednesday, October 04 2017
Ours is a Chartered Accountancy firm registered under GST. It wants to sell its old car to a registered dealer. Since our firm does not fall in the category of individual, whether it will have to charge GST on transaction value?
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Hello,

GST Liability only occurs where one is
> Registered as Used Car Dealer
> Involved in Sale-Purchase of Car
> Makes Profit in transaction as GST Liability is only on profit

As your firm is rather a CA Firm - there is no liability of GST on Used cars which can occur
For more details refer - GST Calculation in Used Cars

Should help !!


  1. more than a month ago
  2. Second Hand Cars
  3. # 1
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