The 55th Goods and Services Tax Council (GST) Council meeting concluded on Saturday approved to elevate slab for selling/buying old car. As per the decision, the rate has been increased from 12 per cent to 18 per cent. How will it affect the buyers? This must be noted that used Petrol/CNG and LPG cars with an engine capacity above 1200 cc and a length of more than 4000mm are already under the ambit of 18 per cent GST. Similarly, the diesel vehicles and SUVs with a capacity of more than 15
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