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GST applicability for resale of vehicle

This query is : Resolved 

29 November 2022 Which GST rate is applicable for resale of Lorry?

Thanks in advance.

29 November 2022 In case of dealers 18% GST applicable on profit margin.

29 November 2022 Other than a dealer 'what is the GST Rate" for sale of used lorry?

29 November 2022 In case ITC is availed 28% GST applicable on sale value.

29 November 2022 If it is purchased before GST applies? no ITC claimed.
Then, What is rate of GST?

Thanks in advance.

29 November 2022 18% on margin amount (sale price less WDV as per income tax).


29 November 2022 I agree with the above reply

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