https://www.taxtmi.com/article/detailed?id=9165 Where a vehicle is registered in a dealer's name and used for demonstration prior to onward sale, the supply is treated as sale of an old/used vehicle. Concessional rates under Notification 08/2018 apply only if the dealer has not availed input tax credit (or antecedent indirect tax credits) and margin is calculated against depreciated value when income tax depreciation is relevant. If ITC was claimed, the concessional rate is unavailable and ITC treatment applies per GST rules. en-us Mon, 11 May 2020 10:53:27 +0530 Mon, 11 May 2020 10:53:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9165 Where a vehicle is registered in a dealer's name and used for demonstration prior to onward sale, the supply is treated as sale of an old/used vehicle. Concessional rates under Notification 08/2018 apply only if the dealer has not availed input tax credit (or antecedent indirect tax credits) and margin is calculated against depreciated value when income tax depreciation is relevant. If ITC was claimed, the concessional rate is unavailable and ITC treatment applies per GST rules. Articles Goods and Services Tax - GST Mon, 11 May 2020 10:53:27 +0530 https://www.taxtmi.com/article/detailed?id=9165