Reduced rate of Central Tax tax (CGST) on the leasing of motor vehicles – where purchased and supplied on lease before 1.7.2017
37/2017 Dated:- 13-10-2017 Central GST (CGST) Rate
GST
CGST Rate
CGST Rate
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
Notification No. 37/2017-Central Tax (Rate)
New Delhi, the 13th October, 2017
G.S.R. 1286 (E).- In exercise of the powers conferred by sub-section (1) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby notifies the central tax on intra-State supplies of goods, the description of which is specified in column (3) of the Table below, falling under the tariff item, sub-h
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Section 3, Sub Section (i), vide G.S.R. 673 (E) dated the 28th June, 2017.
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2.
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Motor Vehicles
65% of central tax applicable otherwise on such goods under Notification No. 1/2017-Central Tax (Rate) dated, 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub Section (i), vide G.S.R. 673 (E) dated the 28th June, 2017.
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2. Provided that nothing contained in this notification shall apply on or after 1st July, 2020.
Explanation -For the purposes of this notification, –
(i) “Tariff item”, “sub-heading” “heading” and “Chapter” shall mean respectively a tariff item, heading, sub-heading and Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975).
(ii) The rules for
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