https://www.taxtmi.com/forum/issue?id=118140 Whether transfer of employer held motor vehicles to employees after a multi year scheme constitutes a taxable supply depends on existence of consideration and whether the transfer is in the course or furtherance of business; if treated as supply, valuation and taxability may be affected by margin scheme rules, denial of input tax credit for motor vehicles, capitalization and depreciation treatment, and guidance distinguishing gifts and contractual perquisites. en-us Sat, 03 Sep 2022 17:07:33 +0530 Thu, 23 Jan 2025 15:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118140 Whether transfer of employer held motor vehicles to employees after a multi year scheme constitutes a taxable supply depends on existence of consideration and whether the transfer is in the course or furtherance of business; if treated as supply, valuation and taxability may be affected by margin scheme rules, denial of input tax credit for motor vehicles, capitalization and depreciation treatment, and guidance distinguishing gifts and contractual perquisites. Discussion-Forum GST Sat, 03 Sep 2022 17:07:33 +0530 https://www.taxtmi.com/forum/issue?id=118140