Wednesday, May 27, 2020

28% GST is applicable on Retrofitted Vehicle: Karnataka AAR [Read Order]

The Authority of Advance Ruling(AAR), Karnataka ruled that the retrofitted vehicle merits classification under heading 8711 20 19 and hence attracts GST @ 28% and the applicant is entitled to Input Tax Credit (ITC) of tax paid on the purchase of vehicle i.e. scooter. The applicant, M/s Sai Motors is a proprietary concern registered under […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3c5JA2i

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