https://www.taxtmi.com/forum/issue?id=117971 Notification No. 8/2018 treats GST on used motor vehicle supplies under a margin scheme where a negative margin is ignored. One practical view is that no specific reporting field exists in GSTR-1 or GSTR-3B for such zero-tax-margin supplies, so reporting may not be required. An alternative practitioner suggestion is to e-invoice and report in GSTR-1 with taxable value shown as zero, applicable tax rate entered, tax payable nil, and invoice value as the selling price, which-if accepted by the portal-will show the supply in GSTR-3B with zero taxable value and nil tax. en-us Fri, 27 May 2022 20:06:53 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117971 Notification No. 8/2018 treats GST on used motor vehicle supplies under a margin scheme where a negative margin is ignored. One practical view is that no specific reporting field exists in GSTR-1 or GSTR-3B for such zero-tax-margin supplies, so reporting may not be required. An alternative practitioner suggestion is to e-invoice and report in GSTR-1 with taxable value shown as zero, applicable tax rate entered, tax payable nil, and invoice value as the selling price, which-if accepted by the portal-will show the supply in GSTR-3B with zero taxable value and nil tax. Discussion-Forum GST Fri, 27 May 2022 20:06:53 +0530 https://www.taxtmi.com/forum/issue?id=117971