{"id":52036,"date":"2025-03-18T14:30:03","date_gmt":"2025-03-18T09:00:03","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=52036"},"modified":"2025-03-18T14:30:03","modified_gmt":"2025-03-18T09:00:03","slug":"2nd-hand-sales-goods","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/2nd-hand-sales-goods\/","title":{"rendered":"2nd hand sales goods"},"content":{"rendered":"<p>sir,<\/p>\n<p>I am dealing in second hand car and sold Eight car each valued Rs 6 lakh. And cost of each car is Rs 5 lakh. Gross Sales is Rs 48 lakh (6x 8) and value addition is only Rs 8 Lakh (1&#215;8). As the Gross Turnover is above Rs 48 lakh which is above Rs 40 Lakh. Is liable for GST registration or turnover will be considered only 8 lakh as per rule 32(5), so not liable for registration. Please clarify it. If liable for registration. The GST will be 18% of 800000=144000 or by formula 800000&#215;18\/118= 122034<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[1275],"qa_category":[69],"qa_tag":[237,1237],"class_list":["post-52036","qa","type-qa","status-publish","hentry","qa_expert-law-intern","qa_category-gst","qa_tag-gst-registration","qa_tag-gst-turnover"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/52036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=52036"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=52036"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=52036"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=52036"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=52036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}