Used Cars To Get Cheaper As Latest GST Council Meeting Slashes Rates

Ahead of the Budget 2018, the GST Council met for its 25th meeting in Delhi this week headed by Finance Minister Arun Jaitley. The council made a number of revisions to the tax rate on 20 items including used vehicles. Under the revised decision, GST rates on used cars have been reduced, while cess was removed across several categories. The move is a big push towards the used car segment that acco…