https://www.taxtmi.com/forum/issue?id=115695 The margin scheme under Rule 32 taxes resale of second hand commercial vehicles on the margin between sale and aggregated purchase cost; repairs, tyres, insurance, RTO charges, and commission are to be added to purchase price. A later notification allows applying a concessional rate under the margin method where input tax credits are not claimed, so a dealer may opt for the concessional rate and refrain from claiming credits while treating ancillary costs as part of purchase price. en-us Thu, 21 Nov 2019 12:25:42 +0530 Thu, 23 Jan 2025 15:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115695 The margin scheme under Rule 32 taxes resale of second hand commercial vehicles on the margin between sale and aggregated purchase cost; repairs, tyres, insurance, RTO charges, and commission are to be added to purchase price. A later notification allows applying a concessional rate under the margin method where input tax credits are not claimed, so a dealer may opt for the concessional rate and refrain from claiming credits while treating ancillary costs as part of purchase price. Discussion-Forum GST Thu, 21 Nov 2019 12:25:42 +0530 https://www.taxtmi.com/forum/issue?id=115695