Council rationalizes rates for various services; 35% GST + Cess abatement for leased vehicles

GST Council rationalizes tax rates for services including various job-works, decides to tax leasing of vehicles purchased and leased prior to July 1 at 65% of applicable GST + Cess for 3 years w.e.f. July 1; Such leased vehicles when disposed of / sold shall also attract tax at 65% of applicable GST + Cess for 3 years, while similar reduced rate would apply to sale / supply of vehicles by registered person who had procured the vehicle prior to July 1&...