with fewer models for sale in the $15,000 price bracket, which is more popular among used car buyers. Hertz's depreciation per unit surged 89 percent to $537 million in the quarter ended Sept.

Before delving into the details of the GST on used cars, let's clarify a few key concepts: Applicability of GST on the Sale of Old Cars The applicability of GST (Goods and Services Tax) on the sale of ...

Luxury car sales in India surged significantly, with six cars over Rs 50 lakh sold every hour in 2023, up from two cars five years ago. Sales expected to surpass 50,000 units in 2025, driven by ...

Automakers recalled millions of vehicles over the course of 2024 to address a variety of issues, typically related to the safety of the driver and passengers. The five recalls with the largest ...

and simplifying taxation for used and electric vehicles, ensuring fair application of GST across transactions. Listen to Story GST on the sale of old and used vehicles is applicable only to people or ...

The following FAQs provide clarity on the Goods and Services Tax (GST) applicable to the sale of old and used vehicles, including electric vehicles (EVs). The GST Council has recommended a unified 18% ...

WHY WAS 18% GST LEVIED ON SALE OF USED CARS Explaining the decision, Amit Malviya, In-charge of the BJP’s National Information & Technology Department, clarified that the 18% GST is calculated only on ...

The last thing you want after buying a used car is to be left on the side of the road waiting for a recovery truck. It's one of those scenarios that can make a purchase turn sour – and that's ...

The recommendation of the 55th GST Council meeting pertaining to 18% single rate on sale of old and used vehicles has come under major scrutiny. Trigger-happy social media users have pounced to an ...

Consumer Reports found that Lexus is the car brand with the most reliable used vehicles. One notch behind Lexus sits Toyota, which makes sense since Lexus is the Japanese automaker’s luxury arm.

Ford Motor Co., headquartered in Dearborn, Michigan, will donate $1 million as well as a fleet of vehicles for the festivities, a spokesperson confirmed to USA TODAY Monday. Earlier this month ...

Especially if you live in the northerly parts of the British Isles or at high altitude where snow is already fairly frequent, you need the right car to keep you safe while driving in the worst winter ...