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GST on Used Cars: Truth Behind FM Nirmala Sitharaman’s Statement | GST Rule 32(5) Explained

Автор: FinTaxPro

Загружено: 2024-12-25

Просмотров: 27037

Описание: 🚗 GST on Sale of Used Cars has been a hot topic after the 55th GST Council Meeting.
In this video, we’ll cover:
The truth behind FM Nirmala Sitharaman’s incorrect example.
The correct rule as per GST Rule 32(5).
Impact of GST on Customer-to-Customer (C2C) and Customer-to-Business (C2B) transactions.
How the GST rate hike (12% to 18%) affects resellers and buyers.
🔍 What’s Changed:
All old vehicles (except EVs and small vehicles) were already taxed at 18%. Learn what’s actually new and why misinformation is spreading.

📢 Don’t miss out! If you’re a car dealer or a customer buying/selling on resale platforms, this video is a must-watch.

🎥 Watch now and share to help others understand these changes!
👉 Subscribe to FinTaxPro for more tax updates!

#GST #UsedCars #GSTRule32 #FinanceUpdate

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⚠ Disclaimer- Although all provisions, notifications, updates, and live demos are analyzed in-depth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos.

© Copyright Disclosure - As per Sec 52 of The Copyright Act,1957 Fintaxpro Advisory LLP shared this video with a clear objective to educate the public at large and thus constitute the fair dealing with content for the purpose of reporting of current events and current affairs, including the reporting of a lecture delivered in public.

⚠Data Disclosure Policy – FinTaxPro ensures that any client information, such as GSTIN, PAN, and Turnover, displayed in educational videos is shared only with the owner's consent and used strictly for educational purposes. All necessary permissions are obtained before publishing, and robust data protection measures are in place to safeguard the information.

©️Fintaxpro Advisory LLP

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GST on Used Cars: Truth Behind FM Nirmala Sitharaman’s Statement | GST Rule 32(5) Explained

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