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    <title>Seeks to prescribe State Tax rate on the leasing of motor vehicles.</title>
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    <description>Prescribes a reduced State tax for intra State leasing of motor vehicles under Chapter 87 by applying a proportion of the otherwise applicable State tax, subject to annexed conditions requiring that vehicles were purchased by the lessor or a registered supplier prior to GST implementation and, where relevant, that no input tax credit was availed on pre GST taxes; tariff classification follows the First Schedule to the Customs Tariff Act and the measure is subject to a sunset provision.</description>
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