https://www.taxtmi.com/forum/issue?id=120708 Sale of used business vehicles to unregistered persons is valued under the GST margin scheme: taxable value equals the positive margin between sale consideration and written down value, with GST on that margin. If sale consideration is below written down value (a loss), no GST is chargeable and no tax invoice is required; the transfer is not an exempt supply but has zero valuation for GST purposes. en-us Sun, 11 Jan 2026 18:01:50 +0530 Sat, 17 Jan 2026 07:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120708 Sale of used business vehicles to unregistered persons is valued under the GST margin scheme: taxable value equals the positive margin between sale consideration and written down value, with GST on that margin. If sale consideration is below written down value (a loss), no GST is chargeable and no tax invoice is required; the transfer is not an exempt supply but has zero valuation for GST purposes. Discussion-Forum GST Sun, 11 Jan 2026 18:01:50 +0530 https://www.taxtmi.com/forum/issue?id=120708