Decoding The Reality Of 18% GST On ‘Margin’ Of EV Resale Amid Meme Fest | Here’s Who Will Pay What - Insights Plug

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Wednesday, January 22, 2025

Decoding The Reality Of 18% GST On ‘Margin’ Of EV Resale Amid Meme Fest | Here’s Who Will Pay What



Decoding The Reality Of 18% GST On ‘Margin’ Of EV Resale Amid Meme Fest | Here’s Who Will Pay What

A key recommendation by the GST Council, announced by Finance Minister Nirmala Sitharaman, sparked widespread confusion rather than giving clarity.

The lack of clarity on the decision to impose an 18% tax on the resale of used electric vehicles was what caused the confusion.

Let’s simplify what exactly is the GST that one needs to pay for selling their used electric vehicles.

Watch!

#nirmalasitharaman #gst #gstonev #electricvehicles

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