https://www.taxtmi.com/caselaws?id=784556 Notification No. 8/2018-CT (Rate) read with Rule 32(5) of the CGST Rules restricts only ITC on tax paid for purchase of used motor vehicles under the margin scheme; it does not bar ITC on other inward supplies used in the course or furtherance of business. Since the notification is a rate/valuation mechanism and not an exemption under s. 11, supplies with nil margin remain taxable supplies with taxable value of zero, not exempt supplies. Consequently, ITC is admissible on direct and indirect business inputs/services (including repairs, refurbishment, spare parts, rent, stationery, telecom, advertising, and professional services), subject to ss. 16-21 and Rules 36-45 compliance, and no reversal of common ITC is required under Rules 42 or 43 for nil-margin transactions. en-us Thu, 11 Dec 2025 00:00:00 +0530 Wed, 07 Jan 2026 10:20:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784556 Notification No. 8/2018-CT (Rate) read with Rule 32(5) of the CGST Rules restricts only ITC on tax paid for purchase of used motor vehicles under the margin scheme; it does not bar ITC on other inward supplies used in the course or furtherance of business. Since the notification is a rate/valuation mechanism and not an exemption under s. 11, supplies with nil margin remain taxable supplies with taxable value of zero, not exempt supplies. Consequently, ITC is admissible on direct and indirect business inputs/services (including repairs, refurbishment, spare parts, rent, stationery, telecom, advertising, and professional services), subject to ss. 16-21 and Rules 36-45 compliance, and no reversal of common ITC is required under Rules 42 or 43 for nil-margin transactions. Case-Laws GST Thu, 11 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784556