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GST applicability for resale of vehicle

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

Thanks in advance.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 November 2022 In case of dealers 18% GST applicable on profit margin.
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G Prathiba

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G Prathiba (Querist)
29 November 2022 Other than a dealer 'what is the GST Rate" for sale of used lorry?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 November 2022 In case ITC is availed 28% GST applicable on sale value.
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G Prathiba

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

Thanks in advance.
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Manish

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

https://cbic-gst.gov.in/pdf/central-tax-rate/notfctn-08-2018-cgst-rate-english.pdf
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 November 2022 I agree with the above reply
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