Dealer to Pay 18% GST on Reimbursement of Loss from Mercedes Benz on Sale of Demo Cars: AAR
These demo cars are purchased from Mercedes Benz India at a discounted price, with the GST liability duly paid during these transactions
By Manu Sharma - On May 7, 2024 12:48 pm - 2 mins read
The West Bengal Authority of Advance Ruling ( AAR ) has determined that a GST of 18% must be paid on the sum received by the applicant from Mercedes-Benz India as reimbursement for the “Loss on Sale of Demo Car.” It was noted that the funds received from Mercedes-Benz India as reimbursement for the “Loss…
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