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% ...
The incentives do not count the federal tax credits that currently pay up to $7,500 for qualifying new EVs and up to $4,000 on qualifying used EVs, according to Stephanie Valdez Streaty, director of ...