https://www.taxtmi.com/article/detailed?id=8338 Registered dealers of second hand motor vehicles may apply a margin based valuation where taxable value equals sale price less purchase price if no input tax credit was claimed on acquisition; income tax depreciation affects the margin calculation where depreciation was claimed. Abatement notifications allowed qualifying dealers who purchased before a specified date and had not claimed prior indirect tax credits to pay GST on 65% of value, but later 2018 notifications modified or superseded those reliefs and altered GST and compensation cess treatment across vehicle categories. en-us Wed, 23 Jan 2019 10:21:42 +0530 Wed, 23 Jan 2019 10:21:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8338 Registered dealers of second hand motor vehicles may apply a margin based valuation where taxable value equals sale price less purchase price if no input tax credit was claimed on acquisition; income tax depreciation affects the margin calculation where depreciation was claimed. Abatement notifications allowed qualifying dealers who purchased before a specified date and had not claimed prior indirect tax credits to pay GST on 65% of value, but later 2018 notifications modified or superseded those reliefs and altered GST and compensation cess treatment across vehicle categories. Articles Goods and Services Tax - GST Wed, 23 Jan 2019 10:21:42 +0530 https://www.taxtmi.com/article/detailed?id=8338