Notification No. 37/2017
Date: October 13, 2017
Subject: Prescribing concessional GST rate on leasing of motor vehicles.
Description:
This notification prescribes a concessional GST rate equal to 65% of the applicable central tax rate on leasing of motor vehicles purchased and leased prior to 1 July 2017, subject to specified conditions. The concessional rate is applicable only up to 30 June 2020, providing transitional relief to leasing businesses.
Issued for earlier notification?
No — this is an independent rate notification.
Other Notifications
14/2025
This notification prescribes an IGST rate of 12% on inter-State supplies of spec...
Read More04/2020
This notification amends Notification 12/2017 by extending the validity period o...
Read More58/2019
Extends the due date for furnishing FORM GSTR-1 for the month of October 2019 ti...
Read More