TaxTMI 
TaxTMI 
Dear Experts
We have purchased one car for our office usage in pre GST regime, Now we are going to sale in GST regime. Whether we need to charge GST also for the sale used car.
Regards
Vivekanandhan
Sale of used car purchased pre GST
05 Aug 2019 
5 Replies 
2471 Views Asked by
GST on used business assets: sale taxed on the positive margin against depreciated value, otherwise no GST applies.
Where a business sells a used car that was acquired pre GST but used for business purposes, the disposal qualifies as a supply. Taxable value is computed on a margin basis: the difference between the sale price and the depreciated/written down value (per income tax computation). If the margin is positive, GST at the applicable notified rate for the vehicle category applies to the margin; if negative, no GST is payable. (AI Summary)
Where a business sells a used car that was acquired pre GST but used for business purposes, the disposal qualifies as a supply. Taxable value is computed on a margin basis: the difference between the sale price and the depreciated/written down value (per income tax computation). If the margin is positive, GST at the applicable notified rate for the vehicle category applies to the margin; if negative, no GST is payable. (AI Summary)