GST Cess on Luxury Cars & SUVs Increased from 15% to 25%, Applicable from January 1, 2018
GST Cess on Luxury Cars & SUVs Increased! A recent bill passed in the Lok Sabha replaced the ordinance issued around September 2017 regarding the cess on base 28% GST…
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GST Impact: SUVs Prices Increased Due to Cess Hike
SUV fans in India got their biggest disappointment through this recent hike of cess on existing GST of 43%. From September 11, the effective GST on SUVs is 50%, resulting…
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GST Rates Revised on Cars & SUVs, Cess Hiked, Old vs New GST Rate
A recent amendment in GST slabs for automobiles brought increase in the overall values for mid size, luxury and SUV segments. As expected, the GST for sub 4 meter petrol…
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