TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Jammu and Kashmir GST Act Exempts State Tax on Used Motor Vehicles; New Rates at 9% and 6.</h1> The Government of Jammu and Kashmir, under the Jammu and Kashmir Goods and Services Tax Act, 2017, exempts state tax on certain intra-state supplies of old and used motor vehicles. These include petrol, LPG, CNG, and diesel vehicles with specific engine capacities and dimensions, as well as SUVs. The tax is reduced to 9% for certain vehicles and 6% for others. The margin for tax calculation depends on whether depreciation has been claimed or not. This exemption does not apply if input tax credit or CENVAT has been availed. The notification is effective from January 25, 2018.
TaxTMI 
TaxTMI 
