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Project News Details
Title |
GST at 18 pc on used EV car sale by business; ATF stays out of its ambit |
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Detail |
The GST Council decided on several tax changes. Used electric vehicles will now face 18% GST on sale margins. Jet fuel remains exempt from GST. Tax rates on popcorn were clarified. Fortified rice kernels will see a lower tax rate of 5%. Decisions on insurance premiums and food delivery platform taxes were deferred.
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Country | ||||
Source | ET Energy World | |||
Regions | Asia SAARC Countries South Asia | |||
Sectors | Automobiles and Auto Parts Construction Computer Hardwares and Consumables | |||
Published Date | 22.12.2024 | |||
Original Url | Original Url | |||
Share |
Title |
---|
GST at 18 pc on used EV car sale by business; ATF stays out of its ambit
|
Detail |
The GST Council decided on several tax changes. Used electric vehicles will now face 18% GST on sale margins. Jet fuel remains exempt from GST. Tax rates on popcorn were clarified. Fortified rice kernels will see a lower tax rate of 5%. Decisions on insurance premiums and food delivery platform taxes were deferred. |
Country |
India
|
Source |
ET Energy World |
Regions |
Asia SAARC Countries South Asia |
Sectors |
Automobiles and Auto Parts Construction Computer Hardwares and Consumables |
Published Date |
22.12.2024 |
Original Url |
Share |
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