We are selling a old and used goods truck TATA 709 , please confirm the HSN Code and applicability of Notification no. 08/2018 on the transaction.

Reply—Sale of vehicle is a taxable supply; however by virtue of Notification No. 8/2018- CTR, value of the said supply is the value that represents margin of the supplier, which is deemed to be zero in case the WDV is higher than the sale value.

This notification is not applicable if the supplier of such goods has availed input tax credit as defined in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017, CENVAT as defined in CENVAT Credit Rules, 2004 or the input tax credit of Value Added Tax or any other taxes paid, on such vehicles.

The Government has prescribed the rate of GST in above stated notification as per description of vehicle. All Old and used Vehicles other than specifically classified under above notification will attract 12% GST. Truck would fall under HSN code 8709.