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    <title>GST paid on margin of car sale</title>
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    <description>Where GST is not separately charged on resale of a second hand car, the seller may treat the received consideration as GST inclusive and use Rule 35&#039;s backward calculation to extract tax, but Rule 35 requires documentary evidence that the price was agreed to be inclusive of tax and authorities will scrutinise such proof before admitting the cum tax benefit.</description>
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      <description>Where GST is not separately charged on resale of a second hand car, the seller may treat the received consideration as GST inclusive and use Rule 35&#039;s backward calculation to extract tax, but Rule 35 requires documentary evidence that the price was agreed to be inclusive of tax and authorities will scrutinise such proof before admitting the cum tax benefit.</description>
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      <law>GST</law>
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