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The 55th GST Council meeting on Saturday recommended to harmonise the GST rate on the margin value of the sale of old and used vehicles including electric vehicles at 18%. No tax will be levied when a ...

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When your marketing expenses go down for each sale, the profit of that sale goes up, increasing your profit margin. You know which of your products customers like. If there is an item or a service ...

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 selling price is higher than the depreciation adjusted cost price of the ...

New Delhi: 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 selling price is higher than the depreciation adjusted cost ...

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on sale of old and used vehicles, and that too only if a margin is earned on such a sale, according to sources in the government. This essentially means that GST will be applicable only if the margin ...

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