GST Rate on sale of leased vehicles at residual value

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GST Rate on sale of leased vehicles at residual value 2018-08-30T06:07:54+00:00

GST India Forum – Goods and Services Tax (GST) in India Forums Discussion GST Rate on sale of leased vehicles at residual value

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  • Nitin MittalNitin Mittal
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    #2860 |

    Hello,

    Kindly advice on what GST rate is applied on sale of leased cars at residual value, after the completion of 4 year lease term. Will the rate be different if the lessee forecloses the lease by paying the Net Present Value + Residual Value of vehicle to the lessor ?

    thanks in advance

    Nitin Mittal

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