Birdwatch Note Rating
2024-12-25 07:20:10 UTC - HELPFUL
Rated by Participant: AA92981CFEA1C345088CCBE16BE633B5DC12B87C4F72CDEC09E8BCF236F8196C
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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