EV Resale GST: Do You Really Need to Pay 18%?

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EV Resale GST: Do You Really Need to Pay 18%?

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The recent decision by the Goods and Services Tax (GST) Council to impose an 18% tax on the sale of used electric vehicles (EVs) has raised some confusion. Finance Minister Nirmala Sitharaman clarified that this tax applies to the profit made from selling these used cars. This means that anyone selling their old electric vehicle will now need to pay tax based on how much money they make from the sale. View more information about GST Confusion liable pay 18 tax ev resale not:- https://blog.saginfotech.com/gst-confusion-liable-pay-18-tax-ev-resale-not

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