https://www.taxtmi.com/forum/issue?id=113155 Concessional GST on sales of used motor vehicles purchased before the cut off requires computing tax on a reduced taxable base equal to sixty five percent of the sale consideration. The invoice should show the gross consideration plus taxes, while the taxable value field for GST computation and return reporting must record the reduced base to which the full statutory GST and cess rates are applied. en-us Thu, 07 Dec 2017 11:41:28 +0530 Thu, 23 Jan 2025 15:55:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113155 Concessional GST on sales of used motor vehicles purchased before the cut off requires computing tax on a reduced taxable base equal to sixty five percent of the sale consideration. The invoice should show the gross consideration plus taxes, while the taxable value field for GST computation and return reporting must record the reduced base to which the full statutory GST and cess rates are applied. Discussion-Forum GST Thu, 07 Dec 2017 11:41:28 +0530 https://www.taxtmi.com/forum/issue?id=113155