Learn about the new GST rules on used car sales in India. GST is payable only on the margin, the difference between selling ...
A registered person will have to pay GST on sale of old and used vehicle only if the seller has earned a margin, which is the ...
The 55th GST Council meeting on Saturday recommended to harmonise the GST rate on the margin value of the sale of old and ...
The GST Council has hiked the tax on used cars sold by businesses to a uniform 18%, including previously 12%-taxed electric ...
The GST Council clarified rules for old vehicle sales, setting an 18 per cent tax on seller margins, exempting private sales ...
Learn about GST on the sale of old and used vehicles, including electric vehicles (EVs). Understand the 18% GST rate, ...
GST Council recommends increasing GST rate on sale of old vehicles, clarifies applicability of tax on used cars.
The GST Council clarified that it has simplified the tax rate and recommended unifying and prescribing a single rate of GST ...
The GST Council, meeting in Jaisalmer, decided to lower the GST rate on AAC blocks with high fly ash content to 12%.
Hybrids are some of the hottest selling cars at the moment, and fortunately, a boom in hybrid sales means that more of them ...
GST is applicable on the sale of old used cars only when the selling price exceeds the depreciated value, with a uniform rate ...
The decision has sparked debates as it comes at a time when India’s used car market is poised for growth. Many believe the ...