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GST for used cars

Varghese George (25 Points)

17 September 2020

Could someone please tell me what is the current GST rate for used cars....

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Shivam RC (Student) (23683 Points)
Replied 17 September 2020

1). HSN CODE : 8703

DESCRIPTION : Old and used, Petrol, Liquefied petroleum gases (LPG) or compressed natural gas (CNG) driven motor vehicles of engine capacity of "1200 cc or more and of length of 4000 mm or more."

GST Rate : 18%

2). HSN CODE : 8703

DESCRIPTION : Old and used, Diesel driven motor vehicles of engine capacity of "1500 cc or more and of length of 4000 mm."

GST Rate : 18%

3). HSN CODE : 8703

DESCRIPTION : Old and used motor vehicles of engine capacity exceeding 1500 cc, popularly known as "Sports Utility Vehicles (SUVs)" including utility vehicles.

GST Rate : 18%

4). HSN Chapter : 87

DESCRIPTION : All Old and used Vehicles other than those mentioned from S. No. 1 to S.No.3.

GST Rate : 12%.

[ Reference : Notification No. 8/2018 - Central Tax ( Rate ), dated 25th January 2018 ].

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