TaxTMI 
TaxTMI 
Sale Value of the motor car is Rs.28 Lakhs while depreciated value is Rs.10 Lakhs. GST is paid on the difference value i.e., on Rs. 18 Lakhs. How to prepare the E – Invoice / Tax Invoice? Since GST is paid on Rs.18 Lakhs, can we prepare Tax Invoice of Rs.18 Lakhs + GST and Commercial Invoice of Rs.28 Lakhs which is inclusive of all since the customer is B2C?
Sale of Motor Car
06 Jun 2023 
4 Replies 
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GST margin scheme: issue tax invoice showing full sale price with taxable margin disclosed and GST on the margin.
For a motor car sale taxed under the margin scheme, issue a tax invoice showing the full selling price and separately disclosing the taxable value computed as the seller's margin; calculate and show GST only on that margin per the applicable notification, and include a reference or inner-column explanation of the margin calculation on the invoice. (AI Summary)
For a motor car sale taxed under the margin scheme, issue a tax invoice showing the full selling price and separately disclosing the taxable value computed as the seller's margin; calculate and show GST only on that margin per the applicable notification, and include a reference or inner-column explanation of the margin calculation on the invoice. (AI Summary)