GST on sale of used motor vehicles. (business assets)

if you have taken itc at the time of purchased of motor vehicles than you have to pay output tax on sale of used car if not availed itc at the time of purchased then no question of output liability

thank you for the information

As per Notification 8/2018 CT (r)

Vehicle of Vat Regime Sold in GST Regime :
GST is applicable on Profit Margin (Sale-Puchase )

Vehicle Purchased & Sold in GST Regime :
If ITC claim , then GST is on transaction Value
If ITC is not claim , then GST is on Profit Margin (Sale - Purchase)

GST Rate 12 % & 18% is applicable as per CC engine of vehicle mentioned in Notification.


More then 1500 CC , leanth exceeding 4000 MM, GST is 18%

Else ,.. 12%

thanx for your information. What would be the gst applicability in case, the vehicle is sold before the notification 8/2018 dated 25/01/2018

As per Schedule I its a supply if ITC has been claimed, so the gst is levy on transaction value .

but schedule 1 talks about supply without consideration, with consideration transaction falls under schedule 2