Birdwatch Note Rating
2024-12-24 06:45:13 UTC - HELPFUL
Rated by Participant: BC6FA3604B677F45A901A2C230FEFB546E13ADB7A64A735615A21D5B5BF45FE3
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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