CNN-News1822d
Confused About 18% GST On Used Cars? Here's Everything You Need To Know
The GST Council recently recommended an 18% GST rate on the margin value of used car sales for specified petrol, diesel and EVs. It must be noted that 18% GST was already applicable for the sale of ...
The Indian Express24d
GST applicable on used car sales only if sale margin is positive; no tax on individual-to-individual sales
Only “registered persons” — mainly businesses involved in purchase and sale of used vehicles — are liable to pay Goods and Services Tax (GST) on sale of old and used vehicles, and that too only if a ...
Mint24d
GST on selling old cars: How does 18% tax on used vehicles affect you? Explained
After the public backlash over the increased tax on caramelised popcorn, the 18 per cent Goods and Services Tax (GST) on selling old vehicles has now caught the public's attention, sparking ...
moneycontrol.com25d
How will 18% GST on all used cars, including EVs work?
The GST council, on December 21, clarified that the tax rates on all used cars, including electric vehicles will be 18 percent now. A GST of 18 percent was already applicable on sale of old and ...
Indiatimes25d
GST on old used cars only when sale price higher than depreciated value
Five big bangs that shook the corporate world in 2024 If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed ...
Oneindia28d
GST Council Increases Tax Rate On Small Used Cars To 18%
The GST Council has decided to increase the tax rate on small used cars, including electric vehicles, from 12% to 18%. This change affects vehicles with engines up to 1200 cc when sold by ...