Gst Cess

GST: Mercedes-Benz, Audi, JLR say hike in cess on luxury cars to impact growth

The Cabinet on Wednesday approved promulgation of an ordinance to amend the GST compensation law to pave the way for increasing cess on mid and large cars to 25 percent, from 15 percent

GST: Cabinet clears ordinance to allow hike in cess to 25% on SUVs, mid-large cars

The GST Council had on 5 August approved raising cess on SUVs, mid-size, large and luxury cars that had become cheaper post GST rollout on 1 July

GST: Cabinet may consider ordinance on cess hike to 25% on mid-size, large cars, SUVs tomorrow

Presently, 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

GST: Luxury cars, SUVs may become costlier as Council plans to increase cess to 25% from 15%

The carmakers had slashed the prices of their SUVs and luxury cars in response to the reduced tax incidence after the GST rollout

GST: Coca-Cola wants tax rate at 34%, not 43%, and deadline 1 Sep, not 1 July

Coca-Cola has argued that its product is neither a luxury item nor is listed in sin category