GST: The CBIC has issued notification to provide that 18% GST shall be levied on margin of sale of all old and used vehicles if the supplier of such goods has not availed input tax credit.(17.01.2025)

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GST:

The CBIC has issued notification to provide that 18% GST shall be levied on margin of sale of all old and used vehicles if the supplier of such goods has not availed input tax credit.

[Notification No. 04/2025-Central Tax (Rate) dated 16.01.2025]