आने वाले समय में रेजिस्टर्ड सेलर से पुरानी कार खरीदना महंगा हो जाएगा। इसका कारण यह है कि जीएसटी काउंसिल ने पुरानी छोटी कारों (1200 सीसी लिमिट और चार मीटर से कम लंबाई वाली) के साथ पुरानी इलेक्ट्रिक कार की बिक्री पर अब 12 % की जगह 18 % जीएसटी लगाने का फैसला किया है।
#gstcouncilmeeting #gstcouncil #gst #nirmalasitharaman #gstcouncilmeet #gstcouncilmeetingtoday #latestnews #businessnews #gstnews #gstcouncilmeeting2024 #gstmeeting #breakingnews #55thgstcouncilmeeting #goodsandservicestax #gstcouncilmeetingupdate
Also Read
GST Council Meeting in Jaisalmer Takes Key Decisions to Support Small-Scale Sector and Improve Tax Accuracy :: https://www.goodreturns.in/news/gst-council-meeting-support-small-scale-sector-011-1395475.html?ref=DMDesc
GST Council Meeting: FM Led GST Council Defers Decision In Life Insurance Tax Cuts, GoM To Revisit Proposals :: https://www.goodreturns.in/news/gst-council-meeting-fm-led-gst-council-defers-decision-in-life-insurance-tax-cuts-1395431.html?ref=DMDesc
GST Council Meeting Today: FM Nirmala Sitharaman To Chair 55th GST Meet; What Are Likely Changes? :: https://www.goodreturns.in/news/gst-council-meeting-today-fm-nirmala-sitharaman-to-chair-55th-gst-meet-what-are-likely-changes-1395389.html?ref=DMDesc
~HT.318~GR.344~
#gstcouncilmeeting #gstcouncil #gst #nirmalasitharaman #gstcouncilmeet #gstcouncilmeetingtoday #latestnews #businessnews #gstnews #gstcouncilmeeting2024 #gstmeeting #breakingnews #55thgstcouncilmeeting #goodsandservicestax #gstcouncilmeetingupdate
Also Read
GST Council Meeting in Jaisalmer Takes Key Decisions to Support Small-Scale Sector and Improve Tax Accuracy :: https://www.goodreturns.in/news/gst-council-meeting-support-small-scale-sector-011-1395475.html?ref=DMDesc
GST Council Meeting: FM Led GST Council Defers Decision In Life Insurance Tax Cuts, GoM To Revisit Proposals :: https://www.goodreturns.in/news/gst-council-meeting-fm-led-gst-council-defers-decision-in-life-insurance-tax-cuts-1395431.html?ref=DMDesc
GST Council Meeting Today: FM Nirmala Sitharaman To Chair 55th GST Meet; What Are Likely Changes? :: https://www.goodreturns.in/news/gst-council-meeting-today-fm-nirmala-sitharaman-to-chair-55th-gst-meet-what-are-likely-changes-1395389.html?ref=DMDesc
~HT.318~GR.344~
Category
🗞
NewsTranscript
00:00In Rajasthan's Jaisalmer, at the GST Council's 55th meeting, many such decisions were taken
00:10that will put a burden on the pockets of the general public.
00:13Meanwhile, a decision related to cars has become a cause of headache for the middle class.
00:18In the coming time, it will be expensive to buy old cars from a registered seller.
00:23The reason for this is that the GST Council has decided to put 18% GST instead of 12% on the sale of old electric cars with cars of less than 1200cc limit and 4 meters in length.
00:38So let's explain everything in detail about this decision in this video.
00:43In the country, the market for old cars and used cars has increased a lot.
00:48All companies are selling old cars at a low price.
00:52But with the tax on the sale of these old vehicles, a major decision was taken in the 55th meeting of the Jaisalmer, Rajasthan, by the GST Council.
01:02In fact, the GST Council's meeting agreed to increase the tax on the sale of old cars including electric vehicles.
01:11This was increased from 12% to 18%.
01:16According to the reports, the changed GST rates will be applicable to companies or dealers related to old cars sold.
01:24This means that this amendment by the council applies to cars sold with a margin and cars purchased by companies operating in this sector.
01:35However, the old car will be taxed at a rate of 12% on the seller.
01:41That is, it will not affect the individual buyer and seller.
01:45If we talk about the current rates, then the engine limit of more than 1200cc and the petrol, LPG or CNG cars with a length of more than 4000mm will be 18%.
01:58The engine limit of more than 1500cc and the diesel cars with a length of more than 4000mm will be 18%.
02:06And the sports utility cars with an engine limit of more than 1500cc will be 18%.
02:14In this way, the GST Council has decided to increase the GST rates for old and used cars of this category by 18%.
02:23Old electric vehicles, along with other 12% cars, will now be included in the 18% bracket when they are resold by the seller.
02:37The GST Council's meeting is taking place in Jaisalmer, Rajasthan, under the leadership of Finance Minister Nirmala Sitharaman.
02:43The Finance Minister of all states is also included in this meeting.
02:46Before the meeting, the GST Council's Fitment Committee recommended that GST be increased from 12% to 18% on old and used cars.
02:59Until now, GST is applied on the basis of the margin of the supplier on these cars, which can reduce the burden of tax on its own.
03:07So, what is your opinion on this decision of the GST Council?
03:10Give us your opinion in the comment box and keep watching Good Returns for such updates.
03:14Don't forget to like and subscribe to our channel.