There will be two major policy events taking place in the coming days which are the Budget and a GST Council meeting. Both will reveal the government’s intent and vision for the next five years. While there are a number of issues that it can take up at both these events,there are three main problems… Continue reading This will be a tough budget to balance
Tag: GST COUNCIL
Bring LPG conversion kits under 5% GST: IAC
Indian Auto LPG Coalition (IAC)has appealed for a reduction in the goods and services tax (GST) rates on LPG conversion kits for automobiles from the current 28% to 5%. This would help boost vehicle conversions to Liquefied Petroleum Gas (LPG) which is an environment-friendly fuel. LPG conversion kits allows vehicles to run on LPG rather… Continue reading Bring LPG conversion kits under 5% GST: IAC
