Mon, Sep 11, 2017
The hike in the GST cess brings the total tax on mid-size, large luxury cars and SUVs to the similar to the pre-GST level.
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The GST Council's decision on increasing the cess on mid-size, large cars and SUVs will be implemented today as announced by CBEC.
Sun, Sep 10, 2017
While the GST cess on mid-size cars has increased by 2%, large cars has been hiked by 5% and SUVs by 7%.
This segment of Zee Business brings to you latest updates on GST council meeting. A few changes including cess increase in luxury cars, cess decrease in rubber bands and other things are expected to get discussed in this meet. Watch full video to know more.
The GST Council took the decision to increase the cess on various segment of cars individually, instead of having a common tax on all the cars of one size.
Wed, Aug 30, 2017
The Cabinet has approved the Finance Ministry's proposal to increase the GST cess on luxury cars by another 10%.
Fri, Jun 30, 2017
While SUVs and large cars will see a large decline in taxes due to GST, small cars tax rates will remain relatively the same. Here is how GST will impact the automobile sector.
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