https://www.taxtmi.com/notifications?id=125510 Exempts state tax on intra state supplies of specified old and used motor vehicles by taxing only the supplier's margin, with reduced rates set by category and vehicle specifications to be determined under the Motor Vehicles Act; margin for depreciating taxpayers equals consideration less depreciated value, otherwise selling price less purchase price, negative margins ignored, and the exemption does not apply where the supplier has availed input tax credit or similar tax credits. en-us Thu, 25 Jan 2018 00:00:00 +0530 Wed, 13 Jun 2018 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=125510 Exempts state tax on intra state supplies of specified old and used motor vehicles by taxing only the supplier's margin, with reduced rates set by category and vehicle specifications to be determined under the Motor Vehicles Act; margin for depreciating taxpayers equals consideration less depreciated value, otherwise selling price less purchase price, negative margins ignored, and the exemption does not apply where the supplier has availed input tax credit or similar tax credits. Notifications GST - States Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=125510