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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 ... uniformly across all types of second-hand ...

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Simplification measures are in place to streamline the process. New Delhi: GST is not applicable on the sale of old vehicles if an individual sells an old and used car to another individual, sources ...

A registered person will have to pay GST on sale of ... GST rate on old and used EVs and small fossil fuel cars from 12 per cent to 18 per cent, aligning it with the rate for larger cars and SUVs.

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% ...

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 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 ...

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