The Indian Government hikes GST cess on sedans, SUVs to 25%
On August 30, the Union Cabinet has given its approval to increase the maximum rate at which the Compensation Cess can be levied from 15% to 25% on motor vehicles for transport of not more than thirteen persons, including the driver and motor vehicles falling under headings 8703.
The hike will apply to mid-size cars,....
The hike will apply to mid-size cars,....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)