Old Cars VS New Cars

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Restoring a Vintage Car to Its Original Self

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What are the things to do when restoring a classic car ? Automobile fans generally say that "Cars do not get old, motorists do!" They think that regardless of how old or what brand the car is, it could still look brand-new or can be brought back to its old self as long as appropriate maintenance is used. If a cars and truck proprietor takes great treatment of the vehicle after that it will definitely last long. In the United Kingdom, there are specific brands that auto fans favor and are constantly on the search for brand-new designs. An additional model understood to the UK is the "Vocalist" which took into consideration the 3rd largest vehicle supplier in the nation. Importance of Brand Names in Classic Cars On the other hand, in the USA, the leading brand names of classic cars which are primarily seen in vehicle auctions as well as are extremely marketable are the Ford Version T and also the Chevrolet. These are only a few of the well-known brands
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Popular Classic Cars That You Must Drive

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Car lovers wish to own a classic car. It is considered as a symbol of status and pride for car lovers. Classic cars are the one which is older than 20 years. Classic cars are expensive, and it is known for its stylish looks. Some of the classic cars that every classic car lover must own. Acura NSX: This is one of the luxury classic cars that you must try out in your life. It is considered as a supercar and known for it is high-end performance. The unique style of the car has made it enter the list of famous classic cars. Aston Martin DB5: This vehicle does not require any introduction. This car was featured in the James Bond Hollywood Film. It is one of the historical vehicles that is known for its remarkable performance. Austin Healey 3000 Chevrolet Corvette: This is the most owned classic car by the majority of classic car lovers. It is an iconic car of America. It is a breathtaking model which is popular to date. This car is available for auction in variou
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The New GST Rules On Sale Of Old Motor Vehicles

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When GST came into place some years back, the sale of old and used motor vehicles got a significant hit because they were taxed at the same rate as new motor vehicles. It was capped at 28% GST plus Cess (as applicable). At the start of 2018, the government issued a new notification. Dates 25-1-8, the notification gave major relief to sellers of used/old cars. Depending upon the category, the GST now applicable ranges from 18% to 12%, which has made buying used vehicle affordable. Furthermore, another notification was issued under the Compensation Cess (Rate) that stated all sales of old and used vehicles would be exempt from Cess. The only question left to answer was the valuation of the vehicle. In simpler words, at what value will GST be applied. The. Notification No. 8/2018 by Central Tax (Rate) provides detailed information about the same. In most instances, the value of supply is equivalent to the margin of supply, and on this amount, GST is applicable.  Two cases
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