Whose work is to buy and sell old cars. Tax will have to be paid on the margin If a car is worth Rs 10 lakh. If it is sold for Rs 5 lakh after 2 years, then 18 percent GST will have to be paid on ...
To calculate GST, you need to understand the tax components under GST, GST calculation formula, and use a GST ... goods like aerated drinks, luxury cars etc. Let us understand GST calculation ...