Birdwatch Note Rating
2024-12-24 10:02:47 UTC - HELPFUL
Rated by Participant: 292A58183E4FD24F8CE5DF7942B791B613E3D3889D294D04528B2B496D802E8B
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
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