2nd question is, If my company plan to sell the car (BMW) Is GST is applicable on sale of car? what is the procedure to Sale of Used car in point of GST regim ?Vishakha Kejriwal. (Expert) Follow 09 August 2018 Motor vehicles, subject to exception in Section 16(5)i.e when you ...
The Commissioner issued the taxpayer with assessments for LCT and GST on the basis that each vehicle was (i) used for the purpose of holding as trading stock and (ii) also used for the additional purpose of being displayed as an exhibit in a car museum. The primary judge The majority o...
Terms of payment: Net 30 days After the sale Some businesses give volume discounts after they make the sale and collect or charge GST/HST. The customer usually earns this type of volume discount over a period of time (e.g., over a year) and not on a sale-by-sale basis. In this ca...
BULK: The truck is lifted by crane then put on the vessel deck. This model is much cheaper. CONTAINER: The truck is put into the container. This model is used for small model trucks » VIII. ABOUT US HUBEI MANTEN AUTOMOBILE CO.,...
GOODS AND SERVICES TAX GST GUIDE FOR INPUT TAX CREDIT GST GUIDE FOR INPUT TAX CREDIT (250413) TABLE OF CONTENTS INTRODUCTION 1 GENERAL OPERATIONS OF GOODS AND SERVICES TAX (GST) 1 GENERAL OVERVIEW 1 Input Tax 1 Flat Rate Addition 3 ENTITLEMENT TO CLAIM INPUT TAX 3 ALLOWABLE INPUT TAX 4 Su...
For GST, credit and debit notes are used to file return and display the revenue and sales made by a business. Here we will understand the role of credit and debit returns, and how are these used for the new GST return which is yet to be implemented.
Seats other than those for aircraft and motor vehicles are specified to be taxed at 18%.A new entry (S. No. 210A) is introduced for seats used in motor vehicles, taxed at 28%. The amendment adds a new entry (S. No. 8) to the table, specifying that the supply of metal scrap ...
New and Used HOWO/Sinotruk/Sino/SITRAK/T7H 6*4 8/9/10cbm 8/9/10m3 Three Wheel Heavy Construction Concrete Mixer Truck Price For Cement/Transportation Our main Overseas Business Scope - All types of brand new and used heavy duty truck and light duty trucks ...
Seats other than those for aircraft and motor vehicles are specified to be taxed at 18%.A new entry (S. No. 210A) is introduced for seats used in motor vehicles, taxed at 28%. The amendment adds a new entry (S. No. 8) to the table, specifying that the supply of metal scrap ...