The goods and services tax council on Saturday decided to levy an 18 per cent GST on margin value on sale of used electric vehicles by businesses and agreed to keep jet fuel (ATF) out of the ...
The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, recommended a 5% GST on ready-to-eat popcorn with salt and spices (if not pre-packaged), 12% on pre-packaged popcorn, 18% ...
This year surprisingly saw a variety of new vehicles in all segments, ranging from the generic feature-packed crossovers to high-performance electric cars to budget-friendly sedans ...
Union Finance Minister Nirmala Sitharaman provided clarity on some key decisions taken by the Council, such as taxes on food and non-food items & taxes on resale of electric vehicles.