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Декабрь
2024

ET Explainer: Taxing times for popcorn & used cars

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The GST Council clarified the tax rates on ready-to-eat, pre-packaged, and caramelised popcorn at 5%, 12%, and 18% respectively. It also revised the tax regulations on old and used cars, making the rate uniform at 18% for all categories. GST on the sale of old cars among individuals remains non-applicable.



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