A new notification for prescribing GST rate of 65% of the applicable GST rate for supply of motor vehicles [in certain cases]. - 29775–FIN-CT1-TAX-0043/2017-S.R.O. No. 474/2017 - Orissa SGST
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GST rate on motor vehicles limited to reduced portion of applicable state tax where pre July purchases and leasing conditions apply. Prescribes a reduced State GST charge for motor vehicles at sixty-five percent of the State tax otherwise applicable, contingent on annexed conditions: (a) vehicles purchased by the lessor before 1 July 2017 and leased before that date; or (b) supplier is registered, purchased before 1 July 2017 and has not availed input tax credit of central excise, VAT or other taxes on such vehicles; the notification ceases to apply on or after 1 July 2020.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST rate on motor vehicles limited to reduced portion of applicable state tax where pre July purchases and leasing conditions apply.
Prescribes a reduced State GST charge for motor vehicles at sixty-five percent of the State tax otherwise applicable, contingent on annexed conditions: (a) vehicles purchased by the lessor before 1 July 2017 and leased before that date; or (b) supplier is registered, purchased before 1 July 2017 and has not availed input tax credit of central excise, VAT or other taxes on such vehicles; the notification ceases to apply on or after 1 July 2020.
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