Additional cess on cars could take prices above pre-GST levels

The government has announced a graded duty revision on cars, as part of the GST (Goods & Service Tax) council’s rate revision. As part of this graded increase, an additional cess of 2% has been levied on mid-size c...

Govt increases cess on luxury  cars to 25% under new GST regime

The Union Cabinet chaired by Prime Minister Narendra Modi cleared an ordinance to increase the cess on mid-size, large cars, luxury cars and SUVs from current 15% to 25% under the new GST regime. The cabinet gave it...




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