12 August 2024


News

#GST Cess Hike in Cars to Take Effect from Today - 11.09.2017

GST Council has decided to hike cess on mid-sized cars by 2%, taking the effective GST rate to 45%. Also, cess on large cars has been hiked by 5%, taking the total GST incidence to 48% while that of SUVs by 7% to 50%. The increased GST cess on cars will come into effect from today.

Tags : Goods and Services Tax (GST) One-Nation_One-Tax

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