SUVs May Cost More Soon As GST Council Suggests Raising Max Ceiling Of Leviable Cess

aasavri Rai

8 Aug 2017 3:41 PM IST

  • SUVs May Cost More Soon As GST Council Suggests Raising Max Ceiling Of Leviable Cess

    The GST council recently considered the issue of cess leviable on motor vehicles in its 20th meeting and recommended that Central Government may move legislative amendments required for increasing the maximum ceiling of cess leviable on motor vehicles falling under headings 8702 and 8703, including SUVs, to 25% instead of present 15%.However, the decision on when to raise the actual cess...

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