NEW DELHI: The increased GST cess on mid- sized, luxury and SUV cars will come into effect from tomorrow.
The GST Council on September 9 decided to hike cess on mid-sized cars by 2 per cent, taking the effective GST rate to 45 per cent.
Also, cess on large cars has been hiked by 5 per cent, taking the total GST incidence to 48 per cent while that of SUVs by 7 per cent to 50 per cent.
“Notification regarding increase in the effective rates of the Compensation Cess on specified motor vehicles will be issued on September 11, 2017, effective from 00 hours the same day,” the Central Board of Excise and Customs (CBEC) tweeted. (AGENCIES)
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