Diminished GST rate on old and used motors vehicles

Revised GST rate on old and used motors vehicles

 

The GST tariff rate on goods under HSN 87 has been Revised as per GST council meet held on 18th January, 2018.  The details of diminished GST rate on old and used motors vehicles is as follows:

 

Latest GST rate on old and used motors vehicles

 

HSN number: 87    

All types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subject to the conditions that no input tax credit of central excise duty /value added tax or GST paid on such vehicles has been availed by him.

 GST rate before 18th January, 2018: 28%

Revised rate of GST w.e.f 18.01.2018: 12%     

 

The above information is about diminished GST rate on old and used motors vehicles.  If you would like to add more information about diminished GST rates on old and used motors vehicles, share below your thoughts:

 

 


Comments


Ananda das: Govt. Ambulance spare parts gst rate

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers