At the GST Council meeting on Saturday, the council recommended 18 per cent GST on the margin of sale of all old and used vehicles, including EVs. Earlier different rates of GST were leviable on old vehicles and old EV sales.
The GST rate on popcorn remains unchanged following the recent GST Council meeting. A request from the State of Uttar Pradesh sought clarification regarding the classification and GST rate applicable to popcorn mixed with salt and spices.
Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the Goods and Services Tax (GST) Council which is underway in Jaisalmer of Rajasthan on Saturday.
Sitharaman was welcomed by Rajasthan's Deputy Chief Minister Diya Kumari and other state government officials upon her arrival at the Jaisalmer airport.
Union Home Minister Amit Shah is scheduled to visit Tripura on Saturday where he will engage in a series of significant events, including a visit to the Bru settlement areas and participation in the 72nd plenary session of the North East Council (NEC).
The proposed rationalisation of GST rates on health and life insurance products will be on the agenda for the upcoming Council meeting on Saturday in Jaisalmer, sources said.
Tripura, the only Indian state surrounded by Bangladesh on three sides, is preparing for the North East Council (NEC) Meeting 2024, scheduled to be held on December 20 and 21 in Agartala.
Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Financial Stability Council, has chaired the Council's second meeting of 2024 in Abu Dhabi.
Goa Chief Minister Dr Pramod Sawant attended the NDA Chief Ministers' Council Meeting in Chandigarh, chaired by Prime Minister Narendra Modi on Thursday in Chandigarh. The meeting deliberated on advancing good governance and ensuring the efficient delivery of public services.