Birdwatch Note Rating
2024-12-25 07:40:24 UTC - HELPFUL
Rated by Participant: 410A964A7127397B278B11E3FA48D02D4EC91B05EAA5504B9171C35053A51458
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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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