I am planning to buy back the leased car from my own company which I was using for the last 4 years. The leasing company is invoicing me 28% GST () & 17% CESS on the buyback value. Is it a valid tax calculation? I understood that old cars should have 18% GST only. Please clarify and help in countering them incase they are charging me inappropriately
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Basant Asked question March 4, 2023