Vehicle Detention/Confiscation-Procedures & Law under GST
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GST on Sale of Used Vehicle Explained | Section 7 CGST & Notification 8/2018 Does GST apply when you sell an old or used car? 🚗 The answer does not depend only on whether you claimed ITC or depreciation. 👉 Section 7 of the CGST Act, 2017 states that any sale made for consideration and in the course or furtherance of business is treated as a supply under GST. So, if a vehicle was used for business purposes and is later sold for a price, the transaction is generally treated as a GST-taxable supp
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