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    <title>Sale of Old car Purchased before GST regime</title>
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    <description>Sale of a motor vehicle acquired before GST raises whether GST applies on resale and whether the margin scheme can be used. No GST is indicated where the seller is not a dealer and the margin is negative, but the margin scheme may be unavailable if the seller previously claimed depreciation or availed pre GST credits. Assessments should consider the seller&#039;s dealer status, prior credit or depreciation claims, and applicable government notifications regulating second hand goods and margin treatment.</description>
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      <link>https://www.taxtmi.com/forum/issue?id=115138</link>
      <description>Sale of a motor vehicle acquired before GST raises whether GST applies on resale and whether the margin scheme can be used. No GST is indicated where the seller is not a dealer and the margin is negative, but the margin scheme may be unavailable if the seller previously claimed depreciation or availed pre GST credits. Assessments should consider the seller&#039;s dealer status, prior credit or depreciation claims, and applicable government notifications regulating second hand goods and margin treatment.</description>
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      <law>GST</law>
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