https://www.taxtmi.com/caselaws?id=786568 Margin-based valuation under the GST margin scheme applies only to suppliers who deal in buying and selling of second hand goods; where the supplier is not such a dealer and the vehicle was originally acquired new, the supplier cannot elect margin valuation and must value the resale at the transaction value (price actually paid or payable) under the GST valuation regime. The margin option is elective and contingent on dealing in second hand goods and on no input tax credit/depreciation entitlement for that stock; absent dealer status the default transaction-value rule governs GST liability. en-us Mon, 12 Jan 2026 00:00:00 +0530 Sat, 14 Feb 2026 08:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786568 Margin-based valuation under the GST margin scheme applies only to suppliers who deal in buying and selling of second hand goods; where the supplier is not such a dealer and the vehicle was originally acquired new, the supplier cannot elect margin valuation and must value the resale at the transaction value (price actually paid or payable) under the GST valuation regime. The margin option is elective and contingent on dealing in second hand goods and on no input tax credit/depreciation entitlement for that stock; absent dealer status the default transaction-value rule governs GST liability. Case-Laws GST Mon, 12 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786568