The used car market has seen significant growth recently, with over 5 million units sold in 2023-24. Certified pre-owned programs by manufacturers like Maruti Suzuki and Mahindra & Mahindra have ...

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The council has increased the GST rate for used small cars and EVs from 12% to 18%. While the masses are seeing it as a stepping stone in the used car space's growth, there's more to it than what ...

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Here’s what the government had to say on the rate hike from 12 % to 18 % on used small cars (that measure under sub-4 meters with petrol engines smaller than 1.2 liters and diesel engines smaller than ...

The Goods and Service Tax (GST) Council meeting that concluded today approved an increase in the GST rate on used small cars ... margin or profit made from the sale. It is not applicable in ...

The Goods and Service Tax (GST) Council meeting that concluded today approved an increase in the GST rate on small ... used car and is applied to the margin or profit that the dealer makes from ...