https://www.taxtmi.com/forum/issue?id=117570 GST on second hand vehicle dealings depends on the dealer's role: where acting as intermediary, GST is leviable on the dealer's margin; where dealer buys and resells, the margin scheme applies so tax is charged on margin. Notifications limit input tax credit on the vehicle itself but permit credit for repairs and maintenance, and availing ITC on the vehicle may disqualify the dealer from the margin scheme and trigger tax on full value. en-us Sat, 16 Oct 2021 09:26:30 +0530 Thu, 23 Jan 2025 15:54:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117570 GST on second hand vehicle dealings depends on the dealer's role: where acting as intermediary, GST is leviable on the dealer's margin; where dealer buys and resells, the margin scheme applies so tax is charged on margin. Notifications limit input tax credit on the vehicle itself but permit credit for repairs and maintenance, and availing ITC on the vehicle may disqualify the dealer from the margin scheme and trigger tax on full value. Discussion-Forum GST Sat, 16 Oct 2021 09:26:30 +0530 https://www.taxtmi.com/forum/issue?id=117570