The Excise Tax Bill and the Goods and Services Tax (Amendment) Bill passed by Parliament will change the way vehicles are taxed in the country. At a press conference today, Member of the National Assembly Tashi Tenzin explained that although the tax structure is being revised, many vehicle categories will actually see a reduction in overall tax rates. The revised taxes will take effect from January next year. At present, all vehicles are subject to sales tax and green tax. Customs duty applies o

1.5K views · 20 reactions | The Indian Government Has Introduced a New 40% Goods and Services Tax Slab, the Highest in the Regime for Sin Goods and Certain Luxury Items. Rahesha Sehgal reports #india #gst | WION | Facebook