55th GST Council Meet: Old Vehicle Sales Tax Raised to 18%

Last updated: 23 December 2024

In a significant move, the Goods and Services Tax (GST) rate will be increased from 12% to 18% on the sale of all old and used vehicles, including Electric Vehicles (EVs), with certain exceptions. The new GST framework will apply to the sale of petrol vehicles with an engine capacity of 1200 cc or m

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