Sponsored
    Follow Us:

Ca Prince Mittal

Latest Posts by Ca Prince Mittal

GST on Used Cars Increased to 18%: What Buyers and Sellers Need to Know

December 27, 2024 10119 Views 2 comments Print

The GST Council in its 55th GST Council meeting held on 21st December 2024,  has announced an increase in the GST rate on old and used cars from 12% to 18%, raising questions among buyers and sellers about its impact. Let’s break it down to understand what this means for the used car market and how it affects you.

Analysis of GST related changes in Finance Bill 2023

February 27, 2023 4035 Views 0 comment Print

Finance Bill 2023 GST updates: Enhanced composition scheme eligibility, ITC amendments, and stricter penalties for ECO violations. Key changes aim for clarity and compliance ease in GST framework.

Analysis of Amendment in Section 16(4) of CGST Act, 2017 i.e, Time Limit to Avail ITC

October 28, 2022 42969 Views 2 comments Print

TC can be availed by registered person in Table 4 of GSTR-3B of a tax period. Question is that in which tax period’s GSTR-3B, a registered persons can claim ITC after this amendment.

Sponsored
Sponsored
Search Post by Date
February 2025
M T W T F S S
 12
3456789
10111213141516
17181920212223
2425262728