Tag: Luxury Vehicles

Cabinet approves raising GST cess on luxury cars to 25%

New Delhi: The Union Cabinet on Wednesday approved an ordinance to raise the ceiling on GST cess for luxury vehicles and SUVs from the current 15 per cent to 25 per cent. This can lead to a hike in prices of high-end cars. Briefing reporters after the Cabinet meeting, Finance Minister Arun Jaitley said it […]

  • Tuesday, 06 July 2021
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