GST in case of leasing of Electronic Vehicles (Cars)

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..... GST in case of leasing of Electronic Vehicles (Cars)
Query (Issue) Started By: - Rajat Maheshwari Dated:- 17-10-2023 Last Reply Date:- 22-10-2023 Goods and Services Tax - GST
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GST .....

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Hi My client is engaged in leasing of EV's (Cars) without operator. We are using SAC code 9973 for the same. Under 9973, GST rate is the "same rate of CGST/SGST as on supply of likewise .....

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..... goods in case of transfer of title". Queries: 1. Can we use 9973 sac code for the above transaction ? 2. If we can use 9973, can we charge 5% GST rate on the leasing transaction as it is the r .....

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..... ate in case of sale of EV ? Reply By Shilpi Jain: The Reply: Leasing of vehicles will be covered under HSN 9973 and would be liable at the rate applicable for the vehicle that is leased.
Discuss .....

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..... ion Forum - Knowledge Sharing .....

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