Birdwatch Archive

Birdwatch Note Rating

2024-12-24 15:43:04 UTC - HELPFUL

Rated by Participant: 91D42BBFA63EE42FB9CBFDE99752D592E1C9BE11B4BF6C605AC636A1E3ADC8AD
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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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