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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 ...
Business Line28d
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 and smaller petrol & diesel cars. Also, 5-star hotels with room tariff ...
Mint15d
Budget 2025: Heavy industries ministry seeks reduction of 28% GST on CNG two-wheelers
Decisions on GST rates are taken by the GST Council ... In the four-wheeler segment, the share of CNG-run cars is expected to increase from 14% in FY24 to 18% in FY28, even as strong hybrid ...