https://www.taxtmi.com/notifications?id=124840 Exempts State GST on intra-state supplies of specified old and used motor vehicles by applying a margin-based exemption: State tax is limited to the amount calculated at prescribed rates on the supplier's margin for listed vehicle categories. Margin for depreciated assets is consideration less depreciated value; for others it is selling price less purchase price, with negative margins ignored. Exemption does not apply where input tax credit, CENVAT, or VAT input credit has been availed on the goods. en-us Mon, 05 Mar 2018 00:00:00 +0530 Mon, 19 Mar 2018 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=124840 Exempts State GST on intra-state supplies of specified old and used motor vehicles by applying a margin-based exemption: State tax is limited to the amount calculated at prescribed rates on the supplier's margin for listed vehicle categories. Margin for depreciated assets is consideration less depreciated value; for others it is selling price less purchase price, with negative margins ignored. Exemption does not apply where input tax credit, CENVAT, or VAT input credit has been availed on the goods. Notifications GST - States Mon, 05 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=124840