Making its rather successful debut back in 2015, you can avoid the foibles of any first-year model and still come out at ...
An increased 18% GST rate on the margin value of the used car sales has been recommended by the GST Council for petrol vehicles (1200 cc or more), diesel vehicles that are 1500 cc or more, and all ...
The GST Council has raised the GST rate on used cars from 12% to 18%, including EVs, sold by businesses. This rate applies to the profit margin from resale. Private car sellers remain unaffected ...
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 ...
Naked motorcycles are styled more aggressively, and most of the time so are the controls. When looking at a used standard or naked motorcycle look for signs of wear that are indicative of abuse.
As we look ahead to the new year, your support makes all the difference. Make a donation today to help us continue bringing science to life for millions of readers.
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 ...
Range isn’t such a problem on the dirt, as generally off-road bikes aren't used for more than about 30 minutes at ... This clearly isn't an issue when it comes to electric dirt bikes. Electric ...
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 GST council, on December 21, clarified that the tax rates on all used cars, including electric vehicles will be 18 percent now. A GST of 18 percent was already applicable on sale of old and ...