State tax on motor vehicles reduced relative to standard rate, subject to pre GST purchase and input credit conditions. Notification under the Meghalaya GST Act prescribes that intra State supplies of motor vehicles (Chapter 87) shall attract tax equal to sixty five percent of the State tax otherwise applicable under Notification No. ERTS(T) 65/2017/1, subject to conditions. The annexed conditions limit applicability to vehicles purchased by the lessor prior to 1 July 2017 and leased before that date, or to registered suppliers who purchased prior to 1 July 2017 and did not claim input tax credit; the notification ceases to apply on or after 1 July 2020.
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State tax on motor vehicles reduced relative to standard rate, subject to pre GST purchase and input credit conditions.
Notification under the Meghalaya GST Act prescribes that intra State supplies of motor vehicles (Chapter 87) shall attract tax equal to sixty five percent of the State tax otherwise applicable under Notification No. ERTS(T) 65/2017/1, subject to conditions. The annexed conditions limit applicability to vehicles purchased by the lessor prior to 1 July 2017 and leased before that date, or to registered suppliers who purchased prior to 1 July 2017 and did not claim input tax credit; the notification ceases to apply on or after 1 July 2020.
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