GST Increase On EV Tax: 'Government is crushing the dreams of the common man…', Arvind Kejriwal-Akhilesh Yadav angry over the decisions of the GST Council.

GST Increase On Electric Vehicles Tax: The 55th meeting of the GST Council was held on Saturday under the chairmanship of Finance Minister Nirmala Sitharaman. Many decisions were taken in the meeting, shocking the common citizens. One of these decisions is the decision to impose 18% tax on electric vehicles. In the meeting, the GST Council has approved 18 percent tax on the margin price of electric vehicles sold by traders. Now the earlier 12% GST on the sale of old electric vehicles has been increased to 18% as is applicable on other normal vehicles also.

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The opposition has opposed the decision of the GST Council. The opposition called it a decision that crushes the dreams of the common man and favors the rich.

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AAP party national convenor Arvind Kejriwal and SP chief Akhilesh Yadav accused the central government of working only for the rich and industrialists. Kejriwal said, “Buying a car is a big thing for middle class families, but the government is crushing their dreams. The government is working only for the rich and industrialists.

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Akhilesh Yadav also criticized the central government, saying that the BJP government has made GST a “game of snakes and ladders”. He alleged that the government repeatedly provides an opportunity to collect money from small traders and shopkeepers by increasing GST rates. Such frequent changes create confusion for traders.

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Let us tell you that the GST Council has decided to impose 18% tax on used electric vehicles. However, Nirmala Sitharaman clarified that this tax will be applicable only on the price that represents margin for traders. That is, the difference between the purchase price and the selling price. It was also told that GST will not be applicable on the sale and purchase of used vehicles at personal level.

Tax imposed on popcorn also

Here, the GST Council also gave clarity regarding the tax on popcorn. Caramelized popcorn will attract 18% tax while packed and spiced popcorn will attract 12% tax and unpacked and unlabeled popcorn will attract 5% tax. Apart from this, decisions on the issues of reducing the tax rate on insurance products and imposing tax on app-based food delivery were postponed.

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