Exempts the State tax on intra-state supplies of goods - Old and used, petrol Liquefied petroleum gases (LPG) or compressed natural gas (CNG) driven motor vehicles. - S.O. No. 22-08/2018 State Tax (Rate) - Jharkhand SGST

Margin-based SGST exemption on specified old and used motor vehicles, subject to margin calculation rules and ITC exclusion.

Exempts State GST on intra-state supplies of specified old and used motor vehicles by applying a margin-based exemption: State tax is limited to the amount calculated at prescribed rates on the supplier's margin for listed vehicle categories. Margin for depreciated assets is consideration less depreciated value; for others it is selling price less purchase price, with negative margins ignored. Exemption does not apply where input tax credit, CENVAT, or VAT input credit has been availed on the goods.