Birdwatch Note Rating
2024-12-24 08:52:27 UTC - HELPFUL
Rated by Participant: 29819BB9427FA577E83AD2D4A116056DDA26014986F5CA3B19A5CE133C6F4968
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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