Motor vehicle tax rate adjusted to a prescribed proportion of existing tax for specified pre-GST purchases and leases. Notification prescribes a state tax on motor vehicles under Chapter 87 at 65% of the otherwise applicable tax, subject to two conditions: vehicles purchased by the lessor before 1 July 2017 and leased before that date, or supplied by a registered supplier who purchased before 1 July 2017 and did not avail input tax credit. The notification does not apply on or after 1 July 2020 and adopts the interpretation rules of the Customs Tariff First Schedule.
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.
Motor vehicle tax rate adjusted to a prescribed proportion of existing tax for specified pre-GST purchases and leases.
Notification prescribes a state tax on motor vehicles under Chapter 87 at 65% of the otherwise applicable tax, subject to two conditions: vehicles purchased by the lessor before 1 July 2017 and leased before that date, or supplied by a registered supplier who purchased before 1 July 2017 and did not avail input tax credit. The notification does not apply on or after 1 July 2020 and adopts the interpretation rules of the Customs Tariff First Schedule.
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