Project News Details
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
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