GST on old used cars only when sale price higher than depreciated value
A registered person will have to pay GST on sale of old and used vehicle only if the seller has earned a margin, which is the selling price is higher than the depreciation adjusted cost price of the ...
GST@18% on sale margin of old & used EV notified, applicable only for registered dealers
Central Board of Indirect Taxes & Custom (CBIC) has notified 18 per cent GST on sale margin of old and used electric vehicles ...
Mint1mon
GST on selling old cars FAQs: From impact on dealers and individuals to tax calculation—all your questions answered
A standard 18 per cent GST is applied to the sale of used vehicles, including electric vehicles (EVs) and SUVs. Who is affected by the 18% GST on used cars? The hike in GST on old cars from 12 per ...
Tax Guru10d
UTGST Rate on Sale of old and used vehicles, including EVs
The amendment increases the GST rate on sale of all old and used vehicles, including EVs other than those specified from 6% ...