Cabinet approves promulgation of GST (Compensation to States) Ordinance, 2017
Cabinet approves promulgation of the Goods and Services Tax (Compensation to States) Ordinance, 2017. The approval would allow increasing the maximum rate at which the Compensation Cess can be levied from 15% to 25% on
a) motor vehicles for transport of not more than thirteen persons, including the driver [falling under sub-headings 870210, 8702 20, 8702 30 or 8702 90]; and
b) motor vehicles falling under headings 8703.
Cabinet apprised of joint issue of postage stamps between India and Canada
Cabinet apprised of a joint issue of postage stamps between India and Canada. India and Canada have mutually agreed to jointly issue a set of two Commemorative Postage Stamps on India-Canada, on the theme “Diwali“. The joint stamps will be released on 21st September 2017.Diwali it is a cultural theme for both the countries and also considering the large presence of Indian Diaspora in Canada.