Article explains GST on sale of second hand Car, Conditions to be satisfied for levy of GST on sale of second hand Car, Frequently Asked Questions related to GST on sale of used car and Illustration of GST on sale of used car.
Introduction:
India has a robust automotive industry. The pre-owned or second-hand car market has been growing steadily over the past decade. Though there’s still a long way to go for it to be streamlined, there’s been a significant change in the way this market has grown over the year.
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