Central Board of Indirect Taxes & Custom (CBIC) has notified 18 per cent GST on sale margin of old and used electric vehicles ...
The idea of a 1,000-hp SUV costing less than a quarter million would have been preposterous a decade ago, but now you've got ...
The state’s motor industry is ramping up calls for tighter rules around the sale of second hand vehicles as shocking new ...
These estimates do not include title, registration fees, lien fees, or any other fees that may be imposed by a governmental agency in connection with the sale and financing of the vehicle.
The GLC is a mini GLE with an outgoing E-Class style interior. It comes with a standard navigation system on a seven-inch ...
GST is applicable on the sale of old used cars only when the selling price exceeds the depreciated value, with a uniform rate ...
The GST Council in its meeting last week decided to prescribe a single rate of 18 per cent on sale of all old and used vehicles including EVs, earlier leviable at different rates. If an individual ...
The Council’s decision to prescribe a single GST rate on sale of all old and used vehicles including EVs at 18% was a measure of simplification, the official said. Sandeep Sehgal, partner-tax at ...
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 ...
Popular mainstream brands like Hyundai, Kia, and Toyota produce some of the cheapest SUVs currently for sale. Here, we'll ...
The Kia Sorento Mk4 went on sale in the UK in September 2020, with a choice of two engines: a 1.6 T-GDi hybrid, with a turbo ...