https://www.taxtmi.com/notifications?id=123954 Concessional IGST applies to inter state supplies of specified old and used motor vehicles by taxing only the supplier's margin above a prescribed base rate. Vehicle categories are defined by tariff headings and physical specifications. Margin is computed as consideration less depreciated value if depreciation was claimed, or as selling price less purchase price otherwise, with negative margins ignored. The scheme does not apply if the supplier has availed input tax credit, CENVAT, VAT credit or other taxes on the goods. en-us Thu, 25 Jan 2018 00:00:00 +0530 Fri, 19 Sep 2025 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=123954 Concessional IGST applies to inter state supplies of specified old and used motor vehicles by taxing only the supplier's margin above a prescribed base rate. Vehicle categories are defined by tariff headings and physical specifications. Margin is computed as consideration less depreciated value if depreciation was claimed, or as selling price less purchase price otherwise, with negative margins ignored. The scheme does not apply if the supplier has availed input tax credit, CENVAT, VAT credit or other taxes on the goods. Notifications GST Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=123954