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As On 25-Nov-2020 10:24
44,587.36
64.34 (0.14%)
NIFTY
13,094.45
39.30 (0.30%)
SENSEX
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  • Industry Expects Reduction In GST On Auto LPG

    Industry body Indian Auto LPG Coalition (IAC) has asked for a reduction in GST on Auto LPG as well as on conversion kits for gaseous fuels to promote the adoption of clean automotive fuels, media reports noted. According to the IAC, LPG used as fuel in automobiles or Auto LPG is among the cleanest alternative fuels with a Global Warming Potential of 'zero' is currently taxed at 18% GST. Also, the GST rates on Auto LPG/CNG conversion kits stand at a prohibitive 2%. High GST rates on clean fuels and conversions kits are in complete variance to the government's stated green mobility push, it said in a statement. Auto LPG is taxed at a high GST slab of 18%. Similarly, conversion kits for auto LPG and CNG are placed at the highest slab of 28% which is meant for either luxury goods or demerit items like tobacco products.

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Flash News 25-Nov-2020
  •  ( 10:10) JSW Steel to hike stake in arm to 100%, for an investment of Rs 35 cr  
  •  ( 09:29) RBI rejects Muthoot Finance's proposal to acquire IDBI AMC on Nov. 24  
  •  ( 09:10) Tata Chem appoints N. Chandrasekaran as chairman of board  
  •  ( 08:03) Asian shares jump on vaccine hopes  
  •  ( 08:01) Dow hits 30,000 on vaccine progress, Biden transition  
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25 November 2020 10:24
2194.65
(-0.59 %)
624.65
(0.82 %)
3136.25
(1.46 %)
4723.35
(-1.79 %)
8852.00
(-0.08 %)
472.65
(-0.32 %)
2224.15
(0.29 %)
829.35
(-1.28 %)
1451.30
(0.88 %)
2145.00
(-0.57 %)
488.85
(2.21 %)
861.40
(0.91 %)
1125.30
(-1.22 %)
196.65
(0.61 %)
1917.10
(-0.38 %)
1138.50
(0.28 %)
729.00
(-0.10 %)
7187.00
(0.41 %)
17477.80
(-1.14 %)
94.75
(0.58 %)
78.95
(3.81 %)
195.25
(0.31 %)
1972.50
(0.38 %)
246.85
(1.23 %)
517.00
(-0.56 %)
554.70
(1.19 %)
2695.65
(-0.97 %)
860.70
(-1.92 %)
1317.40
(-0.72 %)
4912.45
(0.84 %)
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