Dear sir,
Our car dealer sells used car where such used cars are purchased from unregistered person as well as registered person under GST.
Question. Can we opt for margin scheme for supply taken from unregistered person and apply normal valuation for car purchased from registered person and avail the ITC on it.
Hence my final doubt is that, are both valuation allowed for car dealer ? i.e. One car for valuation under 32(5) and other car for valuation under sec 15.
Thanks in advance.