My client purchased a second hand jcb machine in the year 2017 2018 without availing input tax credits now he sold the jcb at a price more than book value and made profit of rs 5 lakhs he is registered Dealer  please let me know gst tax liability

Reply- GST rate will be 18% on sale of Jcb whether it is old or new and covered under HSN code 8429. GST will be applicable on whole transaction amount, not on profit margin.