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GST On Selling Old Cars: Now you will have to pay 18% GST on selling old cars, who will be affected by the new rule and what will be the impact?Tax on used car sales Currently, 12% GST is levied on all old and used automobiles including EVs. Old and used petrol cars with engine capacity of 1200 cc or more and length of 4000 mm or more ...
The GST Council has only simplified the tax structure and proposed a single rate of GST @ 18% on supply / sale of all old and used vehicles including electronic vehicles (EV’s). This is not a new tax ...
They'll be stuck spinning one of the most negative acronyms in Canadian history being that Mercedes-Benz has dubbed the new 4WD wagon Grand Sports Tourer or GST. They'd do better to name it 'No-GST'.
India hesitant to eliminate tariffs on car imports, impacting Tesla's entry; U.S. pushes for reduction in duties.
The Mumbai Crime Branch has busted a gang that used GST numbers of high CIBIL score holders to fraudulently acquire luxury cars like BMW and Toyota Fortuner. Police have arrested seven accused and ...
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