Shopping for a used car? Auto expert Chris Pyle from JustAnswer breaks down the pros and cons of every option to help you ...
Law enforcement officials say the man who rammed a truck into a New Year's crowd had suspected bomb-making materials at his home and reserved the rental vehicle used in the attack weeks earlier.
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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 ...
A sign is displayed at an electric vehicle charging station, March 8, 2024, in London, Ohio. (AP Photo/Joshua A. Bickel, File) A driver waits in their car while charging an electric vehicle at an ...
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 ...
The Goods and Services Tax (GST) Council, in its 55th meeting, clarified taxation rules for the sale of old and used vehicles, including electric vehicles (EVs). A uniform GST rate of 18 per cent now ...
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% ...
co-founder and CEO of online used car marketplace Cars24. A registered person that has claimed depreciation under Section 32 of the Income Tax Act 1961, GST is payable only on the value ...
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 ...
The decision has sparked debates as it comes at a time when India's used car market is poised for growth. Many believe the move aims to tap into the rapidly expanding sector to boost government ...