Luxury Car Tax Threshold 2024 India

Luxury Car Tax Threshold 2024 India. All about reverse charge mechanism (rcm) under gst. Taxes on luxury cars in india:


Luxury Car Tax Threshold 2024 India

Luxury car tax thresholds the following table lists the lct thresholds for the financial year the car was imported, acquired or sold. Luxury vehicles in india attracted a base rate of 28% with 15% cess when gst was implemented.

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