Tag Archives: KARNATAKA BENCH

Used Car Sales Are Eligible For Margin Scheme Valuation With Tax Levied On Positive Margin

By | June 27, 2026

Used Car Sales Are Eligible For Margin Scheme Valuation With Tax Levied On Positive Margin Issue Whether the “Margin Scheme” is applicable for determining the taxable value of second-hand cars purchased from unregistered dealers and sold to unregistered customers after minor repairs. What is the correct HSN classification, assessable value, and applicable GST rate for… Read More »