SGST rate prescription for motor vehicles applies to supplies of vehicles bought before GST, subject to purchase and input credit conditions. The notification prescribes that motor vehicles under Chapter 87 shall attract a specified fraction of the otherwise applicable State tax, applied by reference to tariff classification and subject to conditions: (1) vehicles purchased by a lessor before the cutoff and leased before that cutoff; and (2) vehicles supplied by a registered supplier who purchased before the cutoff and did not avail input tax credits on those vehicles. The notification includes a sunset date and adopts First Schedule interpretative rules for tariff classification.
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.
SGST rate prescription for motor vehicles applies to supplies of vehicles bought before GST, subject to purchase and input credit conditions.
The notification prescribes that motor vehicles under Chapter 87 shall attract a specified fraction of the otherwise applicable State tax, applied by reference to tariff classification and subject to conditions: (1) vehicles purchased by a lessor before the cutoff and leased before that cutoff; and (2) vehicles supplied by a registered supplier who purchased before the cutoff and did not avail input tax credits on those vehicles. The notification includes a sunset date and adopts First Schedule interpretative rules for tariff classification.
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