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USED CARS GST
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Auto ancillary stocks: Time for a re-rating as transformation nears the finish line? 6 stocks with upside potential of up to 34%When auto companies do well, it is an indication that the underlying health of the economy is not bad. The reason why we are using the word...
As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
How cashback credit cards are shaping everyday spending habitsIDFC FIRST Bank's FIRST EARN and Hello Cashback credit cards offer straightforward cashback on daily transactions, maximizing savings witho...
Indian car companies begin FY27 on a strong note despite geopolitical uncertaintiesIndian car sales surged 25% in April, reaching 445,417 units, driven by sustained demand post GST cuts and government incentives. Market le...
Bright start to FY27 for carmakers with estimated sales of 4.5 lakh units in AprilIndian carmakers began the new fiscal year with robust passenger vehicle sales in April. Maruti Suzuki, Hyundai, and Kia reported record pe...
Stoves to cars: India expands ethanol use amid West Asia warIndia has a massive surplus of ethanol, pushing policymakers and industry to find new uses. Ethanol-powered cooking stoves are being tested...
Maruti Suzuki highlights increased car sales after ushering in GST reforms, says nearly 15,000 bookings a dayThe automobile industry saw a strong start to the festive season, fueled by Navratri and the implementation of GST 2.0 reforms, which lower...
Car dealerships see increased footfalls as buyers queue up for dream machines at low costAutomotive dealers in India experienced a surge in customer footfalls due to the new GST regime, leading to lower prices and increased dema...
GST 2.0 FAQs: Which cars just got cheaper & which ones got costlier? From insurance to gold to cigarettes, all key new price info hereThe GST Council has approved a significant overhaul of the Goods and Services Tax regime, effective September 22, 2025, by limiting slabs t...
Confused as how GST hike on used car will work? Here's how a higher GST of 18% will impact individuals and businessesGST on used car sale: Consumers buying a used car now need to pay more GST. Moreover, if a business is claiming input tax credit then GST n...
ET Explainer: Taxing times for popcorn & used carsThe GST Council clarified the tax rates on ready-to-eat, pre-packaged, and caramelised popcorn at 5%, 12%, and 18% respectively. It also re...
Proposed GST hike may not shake up used car market muchThe proposed GST increase on used small cars will have minimal impact on demand, say analysts. The rise in GST will slightly affect car dea...
18 per cent GST on sale of old cars, including EVs, applicable only to registered businessesGST is not applicable when individuals sell old cars to each other. Only businesses involved in buying and selling old vehicles must pay GS...
GST on old used cars only when sale price higher than depreciated valueRegistered individuals have to pay GST on the sale of used vehicles only if the selling price exceeds the depreciated cost price. The GST r...
GST Council ups tax on sale of used cars by businesses; says rate on popcorn depends on flavourThe GST council met on Saturday. It decided to not tax gift vouchers. Used cars purchased by businesses will face an 18% tax. This includes...
GST rate on used cars: Creating an unintended challenge for the automotive industryA transformation of this scale and scope is undoubtedly complex and will also be accompanied by issues arising from some sectors being over...
GST: 10 caution points for auto industry & automobile dealersAt present auto dealers offer incentives to potential buyers in the form of free insurance, free accessories, fuel coupon, extended warrant...