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 ...
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 ...
Five big bangs that shook the corporate world in 2024 If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed ...
But what is “high-end fitness equipment” anyway ... This screen can also be swiveled around and used for a huge variety of non-rowing workouts including strength-training, bodyweight cardio ...
This latest change continues efforts to streamline taxation in the used car sector. Original equipment manufacturers have noted that the booming used car market is affecting entry-level car sales.
Vladimir Putin’s troops are now using Soviet-era equipment after enduring significant losses on the battlefield, according to the UK. Russia is pushing forward into Ukraine at its fastest rate ...
Others have responded by posting clips in which they extensively clean gym equipment before using them, citing fears of 'eye chlamydia' as the reason. Now Dr Joe Whittington, who has more than ...