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of <h1>Maharashtra Amends SGST Notification to Exempt State Tax on Specified Used Motor Vehicles; Effective Jan 25, 2018.</h1> The Government of Maharashtra has amended Notification No. 1/2017-SGST (Rate) to exempt state tax on intra-state supplies of specified old and used motor vehicles. The exemption applies to vehicles described in the notification, with tax rates of 9% for certain petrol, LPG, CNG, and diesel vehicles, and 6% for other vehicles. The tax is calculated on the supplier's margin, defined as the difference between the selling price and purchase price or depreciated value, ignoring negative margins. This exemption does not apply if the supplier has claimed input tax credit. The notification is effective from January 25, 2018.
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