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old car dealer eligibilty for composition dealer, Goods and Services Tax - GST

Issue Id: - 114266
Dated: 24-10-2018
By:- satbir singhwahi

old car dealer eligibilty for composition dealer


  • Contents

Person dealing in old cars , can he opt for composition dealer and pay 1%, or normal dealer and with 18% on margin.Pls guide.

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Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 24-10-2018
By:- DR.MARIAPPAN GOVINDARAJAN

In my view it can be do so if the turnover is within the threshold limit.


2 Dated: 25-10-2018
By:- KASTURI SETHI

I support the views of Dr.Govindarajan, Sir.


3 Dated: 25-10-2018
By:- Ganeshan Kalyani

Sale of old car for regular dealer will be offered for tax @12% or 18% depend upon the type of car on the differential value of sale price less depreciated value of that car as per income tax.


Page: 1

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