https://www.taxtmi.com/notifications?id=124461 Notification exempts State tax on intra state supplies of specified categories of old and used motor vehicles by taxing only the supplier's margin; margin is computed as sale consideration minus depreciated value for assets with income tax depreciation or as selling price minus purchase price otherwise, with negative margins ignored. The exemption is inapplicable if the supplier has availed input tax credit, CENVAT, VAT credit or comparable tax credits on those goods. en-us Thu, 25 Jan 2018 00:00:00 +0530 Thu, 01 Mar 2018 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=124461 Notification exempts State tax on intra state supplies of specified categories of old and used motor vehicles by taxing only the supplier's margin; margin is computed as sale consideration minus depreciated value for assets with income tax depreciation or as selling price minus purchase price otherwise, with negative margins ignored. The exemption is inapplicable if the supplier has availed input tax credit, CENVAT, VAT credit or comparable tax credits on those goods. Notifications GST - States Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=124461