AC is Necessity in Dubai But Luxury in India
Both Cities Have Similar Heatwaves in May & June
Dubai Takes 5% VAT on AC and 0 Income Tax
India Charges 28% GST on AC For No Reason
GoI, Fin Min should reconsider GST Tax on ACs in India, it ain't luxury anymore. Its a basic requirement now when heatwaves are continuously hitting India.
7 replies12 likes
mg
News & updates • 1m
AC Penetration:
🇺🇸 USA - 88%
🇨🇳 China - 62%
🇸🇦 S Arabia - 63%
🇮🇳 India - 7% Households
In a country boiling half the year, the Govt calls ACs a "Luxury" and slaps 28% GST.
1 replies8 likes
Jaswanth Jegan
Founder-Hexpertify.c... • 11m
28% GST is Unethical in my view what do you think?
12 replies11 likes
Vishu Bheda
AI did the magic • 1y
What if there was 0% GST in India?🤔
But first, what is GST?😶
It was introduced in 2017. It replaced taxes and aimed at creating a single national market.
GST rates vary from 0% to 28%, depending on the product or service.
Online gaming companies indulge in betting and gambling, taxable at 28% GST: Indian Government.
2 replies10 likes
LetsConnect Mind care technology pvt ltd
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Signitycs • 4m
In india Upto 18% GST Is Applicable - Education sector.
Medical Industries - GST is Applicable.
Luxury cars - Low ROI
Tractors, - High ROI
This Rules are Correct What is your opinion. its just an Question..
Because we stopped questionings..??
Petrol Should Be under GST or VAT and Excise ⁉️
Ever wonder why filling up your tank feels like emptying your wallet? Because of high taxes
Right Now, Tax system on Petrol is more complicated than understanding how AI works. It is under VAT and Ex
Any Idea on why online gambling has 28% GST? Those sectors are being killed in the name of taxes.Would You do a startup in such sectors with higher taxes?
9 replies3 likes
Chamarti Sreekar
Passionate about Pos... • 3m
GST Collection in terms of volume in Top 10 States of India.