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of <h1>Gujarat Sets 65% State Tax Rate for Leased Motor Vehicles Bought Before July 2017 Under GST Act 2017.</h1> The Government of Gujarat, under the Gujarat Goods and Services Tax Act, 2017, issued a notification detailing the state tax rate for intra-state supplies of motor vehicles on lease. The applicable state tax is set at 65% of the standard rate as per a previous notification dated June 30, 2017. This rate applies to vehicles purchased and leased before July 1, 2017, and to registered suppliers who have not claimed input tax credits on such vehicles. The notification is effective until June 30, 2020.
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