Reduced rate of union territory tax (UTGST) on the leasing of motor vehicles - where purchased and supplied on lease before 1.7.2017 - 37/2017 - Union Territory GST (UTGST) Rate

Reduced union territory GST on leased motor vehicles applies when vehicles were purchased and leased before GST implementation.

UTGST on motor vehicles supplied on lease prior to 1 July 2017 is fixed at sixty five percent of the union territory tax otherwise applicable, subject to conditions: the vehicle must have been purchased and leased before 1 July 2017; the supplier must be registered and must not have availed input tax credit of central excise, VAT or other taxes on the vehicle.