<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Notification Regarding prescribing SGST rate of 65% of applicable State Tax for supply of motor vehicles in certain cases.</title>
    <link>https://www.taxtmi.com/notifications?id=122363</link>
    <description>Prescribes a reduced state GST rate for intra State supplies of motor vehicles (Chapter 87), fixing the state tax at sixty five percent of the rate otherwise applicable under the earlier notification, subject to annexed conditions. Concessional treatment applies where the vehicle was purchased by the lessor before the GST effective date and leased before that date, or where a registered supplier purchased the vehicle before that date and did not avail input tax credit of central excise, VAT or other taxes. The notification adopts First Schedule interpretation rules and contains a sunset provision.</description>
    <language>en-us</language>
    <pubDate>Fri, 13 Oct 2017 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 25 Oct 2017 19:01:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=493436" rel="self" type="application/rss+xml"/>
    <item>
      <title>Notification Regarding prescribing SGST rate of 65% of applicable State Tax for supply of motor vehicles in certain cases.</title>
      <link>https://www.taxtmi.com/notifications?id=122363</link>
      <description>Prescribes a reduced state GST rate for intra State supplies of motor vehicles (Chapter 87), fixing the state tax at sixty five percent of the rate otherwise applicable under the earlier notification, subject to annexed conditions. Concessional treatment applies where the vehicle was purchased by the lessor before the GST effective date and leased before that date, or where a registered supplier purchased the vehicle before that date and did not avail input tax credit of central excise, VAT or other taxes. The notification adopts First Schedule interpretation rules and contains a sunset provision.</description>
      <category>Notifications</category>
      <law>GST - States</law>
      <pubDate>Fri, 13 Oct 2017 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/notifications?id=122363</guid>
    </item>
  </channel>
</rss>