Published Dec 28, 2024 at 2:33 PM IST
VIDEO: New GST Rules for Second-Hand Car Sales in India | GST On Second-hand cars Buy-Sales Explained
Confused by the new 18% GST on used cars? This video clarifies it all! The tax targets businesses, not individuals selling cars privately. Learn how GST is calculated only on dealers' profit margins, not the entire sale price. We'll explain depreciation's role and ensure you understand that personal sales remain tax-free. Get the latest insights from the Finance Minister to ease your concerns. Watch now to make informed decisions on buying or selling your car in the changing Indian market. Subscribe for more financial updates from Republic Money!