Disposal of vehicle not in company name GST Treatment

Dear All,

I have a case where there is a passenger car brought into company asset but under the name of director. The hire purchase is bear by company. The car was bought before GST Era. which is 4 years ago. In this case, if the vehicle were to sale to other people, is it subject to GST of 6%?

Asked on January 9, 2017 2017-01-09 02:46:15 Business (商家)
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1 Answer(s)

If the passenger car is not in the name of the GST registered person, then not subject to 6% GST.

Answered on January 9, 2017. 2017-01-09 03:18:39
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