When shopping for a used car, buyers often face the decision of whether to purchase a certified pre-owned (CPO) vehicle or a ...
Learn about GST on the sale of old and used vehicles, including electric vehicles (EVs). Understand the 18% GST rate, conditions for GST payment, margin calculation, and more ...
The GST Council has hiked the tax on used cars sold by businesses to a uniform 18%, including previously 12%-taxed electric vehicles. This move aims t ...
The recent decision by the GST Council of a uniform 18% rate was aimed at harmonising GST applicable on sale of all used ...
The GST Council has approved a hike in the tax rate on used small cars, including electric vehicles (EVs), from 12 percent to 18 percent. This adjustment aligns ...
GST Council recommends increasing GST rate on sale of old vehicles, clarifies applicability of tax on used cars.
As the country was busy figuring out the increased tax on caramelised popcorn, the 18 per cent Goods and Services Tax (GST) on selling old vehicles has grabbed eyeballs, with many discussing it how it ...
The GST Council last week recommended harmonizing the tax rate on used cars at 18%, which meant the rate for used small cars, including electric vehicles moved up from 12%.