Notification No. 38/2017
Date: October 13, 2017
Subject: Concessional IGST rate on leasing of motor vehicles purchased prior to 1 July 2017.
Description:
This notification prescribes a concessional IGST rate equal to 65% of the applicable rate on inter-State leasing of motor vehicles purchased and leased prior to 1 July 2017, subject to specified conditions. The benefit is available only up to 30 June 2020. The notification provides transitional relief for pre-GST vehicle leases.
Issued for earlier notification?
No — this is an independent concessional rate notification.
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