Naked motorcycles are styled more aggressively, and most of the time so are the controls. When looking at a used standard or naked motorcycle look for signs of wear that are indicative of abuse.
After the public backlash over the increased tax on caramelised popcorn, the 18 per cent Goods and Services Tax (GST) on selling old vehicles has now caught the public's attention, sparking ...
It’s never been registered, and is still in its original transport crate.
The GST Council has raised the GST rate on used cars from 12% to 18%, including EVs, sold by businesses. This rate applies to the profit margin from resale. Private car sellers remain unaffected ...
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 ...
Five big bangs that shook the corporate world in 2024 If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed ...
Used Tesla Cybertrucks spend more than twice as many days on dealer lots before they find a buyer compared to a few months ago. This could indicate that demand for the polarizing-looking ...
Only “registered persons” — mainly businesses involved in purchase and sale of used vehicles — are liable to pay Goods and Services Tax (GST) on sale of old and used vehicles, and that too only if a ...
An increased 18% GST rate on the margin value of the used car sales has been recommended by the GST Council for petrol vehicles (1200 cc or more), diesel vehicles that are 1500 cc or more, and all ...