Question ID :
29568
GST on sale of new car
What is the rate of GST on sale of newly imported car by a company? Company is not a dealer. IGST has been paid while importing the car. Whether this can be adjusted against GST liability on sale of same car. Whether any cess would apply on sale of new car?
Posted by
GADE RANGA REDDY
on
Apr 16, 2018
Filed Under
GST
Answer ID :
65508
Yes it can be utilized as it is same line of business. cess applicable
Posted by
VINAY BHARGAV KUMAR G on
Apr 19, 2018