Gst rate on old vehicle sale

This discussion clarifies the Goods and Services Tax (GST) applicable to the sale of old vehicles purchased before 1st July 2017, where input tax credit was not availed. It highlights Notification 8/2018, which states that GST is applied to the profit margin (sale price minus purchase price) for vehicles from the VAT regime sold under GST. The applicable GST rates are 12% or 18%, depending on the vehicle's engine capacity and dimensions.