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 ...
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 ...
Arun Krishnan, author of The Battle of Vathapi Trilogy, triggered a fiery debate on Wednesday after he compared the Goods and Services Tax (GST) on foods in India and Australia. Sharing a bill ...
Our retailers are again pressuring government to remove the GST exemption on overseas purchases ... wider than retailers condescend to stock in Australia; we purchase online because the personal ...
During its 55th meeting, the GST Council clarified the tax treatment for popcorn after a request from Uttar Pradesh to specify the GST rate for popcorn seasoned with salt and spices. Listen to Story ...
GST Payable: None. Even when depreciation is not claimed, GST is not applicable on a negative margin. - Positive margin Purchase Price: Rs 20 lakhs Selling Price: Rs 22 lakhs Margin: Rs 2 lakhs (Rs 22 ...
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The following FAQs provide clarity on the Goods and Services Tax (GST) applicable to the sale of old and used vehicles, including electric vehicles (EVs). The GST Council has recommended a unified 18% ...
However, when popcorn is mixed with sugar thereby changing its character to sugar confectionary, such as caramel popcorn, it would attract 18% GST. How much tax do I have to pay? Calculate now ...
Australian Open 2025 will be the first Grand Slam of the new year and it will take place from January 6-26. The qualifiers for the Melbourne Major start on the 6th and end on the 9th, while the ...
Goods and Services Tax (GST) is an indirect tax in India levied on the supply of goods and services. It is a multi-stage, destination-based tax replacing earlier taxes like VAT, service tax, and ...
2.0 This is not the plot of a legal thriller but the troubling reality of the evolving sphere of GST law where settled cases are being reopened. The very idea of revisiting concluded matters ...