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GST Rate on Used Vehicle
We are selling used vehicles. As per my understanding, Rate of GST on second hand goods would be same of New good. Cars are taxed at two rates, i.e. 28% and 43%(including cess). On used cars having rate 28% as same on original cars. But in case of 43% taxed category, what would be the rate on used cars, 28% excluding cess or 43% including cess ?
Replies (3)
what I came to know is in used goods or on used vehicle's tax category would be I.e 28+1cess , 28+3cess & 28+15 cess
small petrol cars 29% , small diesel cars 31% & bigger cars which is either more than 1500 cc or more than 4meter ....
Hi,
Could you please give me the Section no. where i can study the rate of GST and provision on sale of used Vehicle.
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