Under marginal scheme
This query is : Resolved
08 October 2026
I purchased a used vehicle for rs.1,00000 under the marginal scheme and sold it b2b rs.1,10000 how should I report this in GSTR1 and 3B? plz help
10 October 2026
For a B2B sale under the GST Margin Scheme, you only pay GST on the profit margin of ₹10k ($₹1.10L - ₹1L$). In GSTR-1 (Table 4 - B2B), enter the invoice value as ₹1.10L, the taxable value as ₹8,928.57 (margin tax-exclusive), and tax of ₹1,071.43 (at 12%). Auto-populate or manually enter these exact values in Table 3.1(a) of GSTR-3B.
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