Proposed GST hike may not shake up used car market much

Proposed GST hike may not shake up used car market much

Mumbai: The GST Council’s proposed six-percentage point increase in goods and services tax rate on used small cars-those measuring less than four meters in length and powered with up to 1.2-liter diesel and petrol engines-as well as pre-owned small electric vehicles may not significantly impact demand for used cars, according to branded used car firms … Read more