The Goods and Services Tax Council on Saturday decided to increase taxes on the margins of the supplier on sale of small used cars, including electric vehicles (EVs), from 12% to 18%. According to ...
Why buy an expensive new model when there are great forgotten American models sitting on the used market at a price that ...
The GST council, led by Finance Minister Nirmala Sitharaman, on Saturday, raised the taxes on the sale of small used cars, including Electric Vehicles (EVs), from 12 per cent to 18 per cent.
Our independent, in-depth lab tests reveal which small cars are worth buying, and those you should avoid. Alternatively, view all our new and used small car reviews. The best new small cars are well ...
Our independent, in-depth lab tests reveal which small cars are worth buying, and those you should avoid. Alternatively, view all our new and used small car reviews. The best new small cars are well ...
For instance, if a used car platform buys a small car for Rs 1 lakh ... The formula is as follows: Sale price minus Purchase value (after deducting depreciation as per the Income Tax Act).
Estimated payments are calculated by Cars.com and are for informational purposes ... by a governmental agency in connection with the sale and financing of the vehicle. Other taxes may apply.
The decision brings on par the tax charged on previously owned small cars and electric vehicles with those on larger cars and SUVs. Until 2018, used cars were subject to a 28 percent GST and an ...
Registered individuals have to pay GST on the sale of used vehicles only if the selling price exceeds the depreciated cost ...
Estimated payments are calculated by Cars.com and are for informational purposes ... by a governmental agency in connection with the sale and financing of the vehicle. Other taxes may apply.
Car odometer rollback scams are on the rise and fraudsters could be pocketing thousands of dollars extra from the sale of ...