SALE OF USED MOTOR CAR

[SURYAKANT MITHBAVKAR]

As per GST Council 22nd Meeting held on the 6th October 2017, If the motor car was purchased prior to 01.07.17 then we have to pay 65% of gst + cess .

Any notification is issue.

[KASTURI SETHI]

Pl. see last para. May be helpful to you

CGST rates on leasing of Motor Vehicles notified

[Notification No. 37/2017-C.T. (Rate), dated 13-10-2017]

[Ganeshan Kalyani]

Also carefully read the subject of the Notification.

AI Summary

GST on used motor cars: applicability and rate clarification sought; guidance points to a leasing-rate notification and scope. Query whether Goods and Services Tax applies to sale of a used motor car purchased before 1 July 2017, with an asserted industry practice of charging 65% of GST plus cess; respondents point to a notification on leasing of motor vehicles and advise careful reading of that notification's scope before applying its rates to used car sales.