Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 09 January 2017
If presently excise duty on car is levied at the rate of 12.5% and VAT is levied at the rate of 13.5%, then it is been taxed at 26%. This means that under GST, tax will be levied on it at the rate of 28%.
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