https://www.taxtmi.com/forum/issue?id=117343 Where a dealer in secondhand motor vehicles has not availed input tax credit on purchase, taxable value may be the margin (selling price minus purchase price) under the margin valuation rule for secondhand goods; this conditional method is optional and may be used for some supplies while supplies on which input tax credit was availed must follow normal valuation rules and permit ITC utilisation subject to GST conditions. en-us Fri, 09 Jul 2021 11:26:25 +0530 Thu, 23 Jan 2025 15:54:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117343 Where a dealer in secondhand motor vehicles has not availed input tax credit on purchase, taxable value may be the margin (selling price minus purchase price) under the margin valuation rule for secondhand goods; this conditional method is optional and may be used for some supplies while supplies on which input tax credit was availed must follow normal valuation rules and permit ITC utilisation subject to GST conditions. Discussion-Forum GST Fri, 09 Jul 2021 11:26:25 +0530 https://www.taxtmi.com/forum/issue?id=117343