Council may increase GST rate on all kinds of used cars to 18%
The New Indian Express|December 21, 2024
THE GST Council in its 55th meeting on Saturday is likely to announce changes in tax rates on several goods and services.
DIPAK MONDAL
Council may increase GST rate on all kinds of used cars to 18%

As per sources, the fitment panel of the Council has decided to levy 18% GST on all kinds of used cars. Currently, used petrol cars up to 1200 cc and diesel cars up to 1500 cc are taxed at 12%, those above these specifications are taxed at 18%.

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