Mon, Sep 11, 2017
The hike in the GST cess brings the total tax on mid-size, large luxury cars and SUVs to the similar to the pre-GST level.
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The GST Council's decision on increasing the cess on mid-size, large cars and SUVs will be implemented today as announced by CBEC.
Sun, Sep 10, 2017
While the GST cess on mid-size cars has increased by 2%, large cars has been hiked by 5% and SUVs by 7%.
This segment of Zee Business brings to you latest updates on GST council meeting. A few changes including cess increase in luxury cars, cess decrease in rubber bands and other things are expected to get discussed in this meet. Watch full video to know more.
Fri, Aug 25, 2017
Mahindra's higher exposure to the SUV segment makes it especially vunerable to the impact of the hike in the GST cess expected soon.
Wed, Aug 09, 2017
While the passenger vehicle market is expected to grow by a healthy 9-10% in India during FY18, the increase in the cess by the GST Council poses a challenge to this growth.
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