GST rates changed for 40 items

The Goods and Services Tax Council on Saturday raised the cess on motor vehicles--mid-size cars, large cars and sports utility vehicles by 2%, 5% and 7% respectively instead of whole 10% increase effected in the law, while keeping the overall tax incidence within 50%. The decision was taken at the 21st Meeting of GST Council at Hyderabad on Saturday.

10 Sep 2017, 04:52 PM IST

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