[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3,  SUB - SECTION (i)] 

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)

Notification No.8/2018-Union Territory Tax (Rate)

New Delhi, the 25thJanuary, 2018

G.S.R. (E).-In exercise of the powers conferred by sub-section (1) of section 8 of the Union  Territory Goods and Services Tax Act, 2017 (14 of 2017), the Central Government, on being  satisfied that it is necessary in the public interest so to do, on the recommendations of the Council,  hereby  exempts 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-heading, heading or  Chapter as specified in the First Schedule to the Customs Tariff Act, 1975 (51 of 1975),  as are  given in corresponding entry in column (2) ,  from so much  tax as  specified  in Schedule IV of  Notification No. 1/2017  - Union Territory  Tax (Rate),  as is in excess of the amount calculated at  the rate  specified in the corresponding entry in column ( 4 ) , of the  said  Table , on the  value that  represent margin of the  supplier ,  on supply of such goods .

Table

S.No. Chapter, Heading, Sub-heading or Tariff item Description of Goods Rate
(1)   (2) (3) (4)
1. 8703 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 .

Explanation.  - For the purposes of this entry, the  specification of the motor vehicle shall be determined as  per the Motor Vehicles Act, 1988 (59 of 1988) and the  rules made there under. 

9%
2. 8703 Old and used , diesel driven motor vehicles of engine  capacity of 1500 cc  or more and of length of 4000 mm

Explanation.  - For the purposes of this entry, the  specification of the motor vehicle shall be determined as  per the Motor Vehicles Act, 1988 (59 of 1988) and the  rules made there under. 

9%
3. 8703 Old and used motor vehicles of engine capacity  exceeding 1500 cc, popularly known as Sports Utility  Vehicles (SUVs) including utility vehicles. 

Explanation.  - For the purposes of this entry, SUV  includes a motor vehicle of length exceeding 4000 mm and having ground clearance of 170 mm. and above. 

9%
4. 87 All  Old and used  Vehicles other than those mentioned  from S. No. 1 to S.No.3 6%

Explanation  - For the purposes of this notification,  -

    (i) in case of a registered person who has claimed depreciation  under section 32 of the  Income - Tax Act,1961(43 of 1961) on the said goods,  the value that represents the margin  of the supplier shall  be the difference between the consideration received for supply of  such goods and the depreciated value of such goods on the date of supply , and where the  margin of such supply is negative, it shall be ignored ; and 

    (ii) in any other case, the value that represents the margin of supplier shall be ,  the  difference between the selling price and the purchase price  and  where  such margin is  negative,  it  shall be ignored.

2. This  notification shall  not apply,  if the  supplier of such goods  has availed  input tax credit  as defined in clause (63) of section 2 of the Central Goods and Services Tax Act, 2017, CENVAT  as defined in CENVAT Credit Rules, 2004 or the input tax credit of  Value Added Tax or any  other taxes paid , on such  goods

[F.No.354/1/2018-TRU]

(Ruchi Bisht)
Under Secretary to the Government of India