GST on Sale Used Car on which ITC was availed

[SHAILENDRA singh]

I'm in process of selling a car which was purchased 1 year ago for the purpose of transportation of passengers hence ITC was take at the time of purchase. what rate of GST should i Charge? on what value? is there any cess applicable ?

AI Summary

Debate on GST Rate and Cess for Selling Used Cars with ITC: Rule 32(5) Sparks Differing Views A user inquired about the applicable GST rate and cess on selling a used car for which Input Tax Credit (ITC) was availed at purchase. An expert suggested GST should be charged on the difference between the sale and purchase price, with rates of 12% or 18% depending on the car's specifications, and no cess applicable. Another expert disagreed, stating that cess is applicable since ITC was availed, referencing Rule 32(5) and notification guidelines. The discussion highlights differing interpretations of GST rules regarding the sale of used cars with prior ITC claims.