GST on hybrid motor vehicles with high-capacity engines or greater length attracts a higher scheduled rate under Schedule III. A higher GST rate applies to motor vehicles that have both a spark-ignition reciprocating piston internal combustion engine and an electric motor for ... Summary
GST on hybrid motor vehicles with high-capacity engines or greater length attracts a higher scheduled rate under Schedule III.
A higher GST rate applies to motor vehicles that have both a spark-ignition reciprocating piston internal combustion engine and an electric motor for propulsion when they exceed prescribed engine-capacity or length thresholds; vehicle specification for the entry is to be determined under the statutory vehicle specification regime and the rate is provided in Schedule III by the cited notification.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.