Your Tax Guide. Removing the hindrances people are facing related to the Lack of information. Click here to Join Tax Updates Whatsapp Group info@babatax.com

2 thoughts on “GST on Sale of old used Car – Personal, business Purpose |Scrap, Resale


    Registered dealer sold the asset vehicle to unregistered/ registered party. How to apply GST?

    • babatax

      If the vehicle used for personal use then no GST, but if the vehicle was used for business purpose then GST is applicable.
      > Vehicle of Vat Regime Sold in GST Regime- GST is applicable on Profit Margin (Sale-Puchase )
      > Vehicle Purchased & Sold in GST Regime :
      If ITC is claimed , then GST is on transaction Value .
      However, If ITC is not claim , then GST is on Profit Margin (Sale – Purchase)
      Rate are as per cc and length for this check the rate table in the article.

Leave a Reply

Your email address will not be published. Required fields are marked *