GST Council to weigh tax cuts on select items
The goods and services tax (GST) Council meeting next week will discuss tax relief on certain items
The goods and services tax (GST) Council meeting next week will discuss tax relief on certain items
Minister of State for Finance, States and UTs Finance Ministers and Senior officers from Union Governments and States are attending the meeting
The meeting will be chaired by Union Finance Minister Nirmala Sitharaman
Currently, EVs are taxed at 5%, while lithium-ion batteries are taxed at 18%
The matter will be discussed again in the next Council meet in February 2022 for future roadmap.
The 46th meeting of the Central Goods and Services Tax (GST) Council, chaired by Union finance minister Nirmala Sitharaman, is underway in New Delhi on Friday
The Goods and Services Tax (GST) system, country’s biggest tax reform, is going to complete four years today.