GST: GST Council decided to impose 18% tax on used electric vehicles, due to which the opposition accused the central government of working in favor of the rich, Arvind Kejriwal-Akhilesh Yadav got angry over the decisions of the council

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Electric Vehicles Tax: The Goods and Services Tax (GST) Council took an important decision on Saturday (December 21) in which it approved an 18 percent tax on the margin price of electric vehicles sold by traders. Let us tell you that this decision was taken in the 55th meeting of the Council chaired by Finance Minister Nirmala Sitharaman. Now the earlier 12% GST on the sale of old electric vehicles has been increased to 18% as is applicable to the rest of the normal vehicles.

Nirmala Sitharaman clarified that this tax will be applicable only on the value that represents the 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 a used vehicle at the personal level.

Opposition leaders targeted the central government

This decision became a cause of concern for opposition leaders. Who called it a step “in favor of the rich”. Aam Aadmi Party national convenor Arvind Kejriwal and Samajwadi Party chief Akhilesh Yadav accused the central government of working only for the rich and industrialists. Kejriwal said, “Buying a car is a big deal for middle class families, but the government is crushing their dreams. The government is working only for the rich and industrialists.”

Akhilesh Yadav called GST a game of snakes and ladders

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

Tax imposed on popcorn too

Let us tell you that the GST Council also gave clarity regarding tax on popcorn. Caramelized popcorn will be taxed at 18% while packed and spicy popcorn will be taxed at 12% and unpacked and unlabeled popcorn will be taxed at 5%. Apart from this, decisions were deferred on the issues of reducing tax rates on insurance products and imposing tax on app-based food delivery.