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GST - Highlights / Catch Notes

Home Highlights March 2023 Year 2023 This

Supply of leasing of the pre-owned motor vehicle - Rate of GST - ...

Case Laws     GST

March 29, 2023

Supply of leasing of the pre-owned motor vehicle - Rate of GST - The authority is of opinion that the supply of leasing of pre-owned vehicles cannot be treated as leasing or renting of goods like computers, furnitures, refrigerators or air conditioners etc. And the tax rates of new vehicles are to be applicable in the present mailer as per the specification of the vehicles i.e. engine capacity and size of the vehicles and mode of fuel etc. under chapter 87. - AAR

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