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 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, ...
A vehicle bill of sale is an important legal document when a used car’s ownership transfers between two people. If you’re ...
The GST Council clarified that it has simplified the tax rate and recommended unifying and prescribing a single rate of GST ...
These estimates do not include title, registration fees, lien fees, or any other fees that may be imposed by a governmental agency in connection with the sale and financing of the vehicle.
GST is applicable on the sale of old used cars only when the selling price exceeds the depreciated value, with a uniform rate ...
1. A used car dealership is buying a car from a consumer at Rs 5 lakh and then making some value additions of Rs 1 lakh and then selling the car at Rs 7 lakh. This dealership is claiming no ...
Moreover, the study found that the worst times to buy used cars start in April when there are fewer deals available, and ...
Californians who purchase a clunker car in 2025 face a confusing year as new lemon law rules take effect and the state ...