Latest News on Cess on cars
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Cess on cars - Total results - 2
Aug 29, 2017
GST: Cabinet may consider ordinance on cess hike to 25% on mid-size, large cars, SUVs tomorrowPresently, large motor vehicles, SUVs, mid-segment cars, large cars, hybrid cars and hybrid motor vehicles attract a cess of 15 percent on top of 28 percent GST
Aug 08, 2017
GST cess on cars hiked to 25%: Auto cos lash out, say move against free-market spirit, will hit expansionToyota Kirloskar Motor, Mercedes-Benz, Audi and BMW were unanimous that increase in cess on large, luxury cars and SUVs that had become cheaper after GST rollout would dampen the spirits of the industry across the entire value chain.