https://www.taxtmi.com/caselaws?id=418742 AAR Rajasthan ruled that refurbishment costs incurred on used cars cannot be included in the purchase price for calculating margin under GST Notification 8/2018-CT (Rate). The authority held that only the amount paid to the original car owner constitutes purchase price, as the notification specifically uses "purchase price" not "purchase cost." Applying plain reading principles, the AAR determined that refurbishment expenses are not deductible from selling price when computing margin for GST valuation purposes on used car sales. en-us Fri, 27 Aug 2021 00:00:00 +0530 Tue, 01 Apr 2025 15:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418742 AAR Rajasthan ruled that refurbishment costs incurred on used cars cannot be included in the purchase price for calculating margin under GST Notification 8/2018-CT (Rate). The authority held that only the amount paid to the original car owner constitutes purchase price, as the notification specifically uses "purchase price" not "purchase cost." Applying plain reading principles, the AAR determined that refurbishment expenses are not deductible from selling price when computing margin for GST valuation purposes on used car sales. Case-Laws GST Fri, 27 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418742