Used car GST hike explained. The GST Council recently announced a significant change in the taxation of used cars, raising the Goods and Services Tax (GST) rate from 12% to 18% for vehicles sold ...
The 2024 Autumn Budget revealed the car tax rates for all owners from 1 April 2025. Here's what you need to know about the vehicle tax rates and rules, and what you'll pay now and in future. Drive ...
So it is on the margin and not the entire amount at which the car is being sold,” explained the Finance Minister. Notably, individuals didn’t have to pay the 18% GST if they are selling an old car to ...