18% GST applicable on Sale of Used Car by Company: AAR [Read Order]

GST - Sale of Used Car - AAR - Taxscan

The Gujarat bench of the Authority for Advance ruling (AAR) has held that the sale of used cars attract 18% GST. State Member Mr. Atul Mehta and Central Member Mr. Arun Richard has further held that the value must the difference between the sale consideration and the depreciated value under the Income Tax Act, 1961….

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