22/12/2024
ЁЯЫС *The GST Council has made some key recommendations! Here's the latest:*
1. Used Cars & EVs ЁЯЪЧтЪбя╕П: GST on used cars and electric vehicles is set to rise from 12% to 18%, potentially making them more expensive.
2. Insurance ЁЯЫб: The decision on insurance has been deferred for further discussions, leaving uncertainty for .
3. Rate Rationalisation тЪЦя╕П: The Group of Ministers (GoM) hasn't reached a consensus, so the report on tax rate changes has been put on hold.
4. Popcorn ЁЯН┐: For snack lovers, GST on popcorn has been restructured:
- 5% for ready-to-eat with salt & spices
- 12% for pre-packaged and labelled
- 18% for caramel popcorn