Explainer: All you need to know about the GST on EVs
During the 55th GST Council meeting press conference on Saturday, the panel approved an increase in the GST rate on used EVs sold by businesses to 18 per cent from 12 per cent earlier.
According to a statement issued by Coal Ministry, the coal mines to be auctioned are fully-explored and partially-explored coking and non-coking mines.
Finance Minister Nirmala Sitharaman will on Thursday launch the sixth round of commercial coal mines auctions.
According to a statement issued by Coal Ministry, the coal mines to be auctioned are fully-explored and partially-explored coking and non-coking mines.
Coal Minister Pralhad Joshi will also be present on the occasion.
“Details of the mines, auction terms, timelines, etc. can be accessed on the MSTC auction platform,” the statement added.
The auction will be held online mode through a transparent two-stage process, on the basis of percentage revenue share.
The Coal Ministry has so far auctioned 64 mines under commercial coal mines auction, which was launched in 2020.
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