Birdwatch Note Rating
2024-12-24 07:55:27 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0867F90811EE299C2FE3EABEF3C4280DD1FDEEE0046E11666D0CB098F3D98FA3
Participant Details
Original Note:
Incorrect assertion in the post. GST is applicable on sale of cars by businesses where there is a markup pricing done by businesses over and above the buying price. Depreciated sale value will not be covered under GST https://www.businesstoday.in/personal-finance/tax/story/18-gst-on-used-cars-why-businesses-will-feel-the-pinch-not-individuals-458148-2024-12-21
All Note Details