No Ruling on Margin Scheme Benefit on Used Car in GST Case Due to Lack of Evidence

In re Ramanujam Tulsi Ramadas (GST AAR Karnataka) The applicant filed an advance ruling application under the CGST Act, 2017 and KGST Act, 2017 regarding the proposed business of purchasing second-hand cars from unregistered dealers, carrying out minor repairs, and selling them to unregistered customers. The applicant anticipated that their aggregate annual turnover would exceed ₹40 lakh and sought clarification on three issues: applicability of the margin scheme, classification and rate of tax, and valuation of supply. The Authority admitted the application as it pertained to the applicabil...