Making it Electric: BS Yediyurappa writes to FM to withdraw GST Cess on hybrid carsThe chief minister in his letter has highlighted the importance of transition to electric mobility through local manufacturing in the backd...
01 Nov, 2020, 02.25 PM IST
An idea whose time has not come: India's e-car drive has too many dead endsUnder current circumstances, the EV plan will remain an idea that will likely die after a few false starts.
24 Dec, 2018, 06.10 AM IST
Taxing conventional cars to promote EVs will not serve purpose:R C BhargavaHe explained that two-wheelers consume two-thirds of the petrol in the country and electrification of two-wheelers is much more practical i...
19 Dec, 2018, 07.20 PM IST
Government notifies GST cess hike on mid and large cars, SUVsThe GST Council on September 9 had decided to hike cess on mid-size cars by 2%, on large cars by 5% and on SUVs by 7 per cent to bring tax ...
12 Sep, 2017, 04.50 PM IST
Government notifies increase in cess ranging from 2-7% on motor vehiclesCess on mid-sized cars would go up by 2% to 17%, taking the total tax incidence to 45% from 43% now (28% GST + 7% cess).
11 Sep, 2017, 11.31 PM IST
Auto shares advance despite GST cess hikeThe increased GST cess on mid- and high-segment cars approved by the GST Council will come into effect from Monday.
11 Sep, 2017, 03.38 PM IST
Cabinet may consider ordinance on GST cess hike tomorrowPresently, large motor vehicles, SUVs, mid-segment cars, large cars, hybrid cars and hybrid motor vehicles attract a cess of 15 per cent on...
29 Aug, 2017, 07.08 PM IST
Cabinet may this week consider hike in GST cess on carsThe Cabinet may this week consider issuing an ordinance to increase the cess on mid- size, large cars and SUVs to 25 per cent from 15 per c...
27 Aug, 2017, 03.21 PM IST
Leasing firms want cess dropped on cars on-roadAll cars sold from July 1, including the smaller ones, will face a cess in addition to 28% GST. The cess will vary depending on size, engin...
30 Jun, 2017, 11.32 AM IST
Cess to yield Rs 55,000 crore in first 9 months of GST rolloutThe amount to be raised through cess on coal as well as luxury items and sin goods will be used for compensating states for revenue shortfa...
29 May, 2017, 03.39 PM IST
Heavy bikes, yachts, private jets to attract 31 per cent GSTThe cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.
19 May, 2017, 12.16 PM IST
GST: Pan masala gutkha to attract 204% cess, SUVs 15%The Centre and states have agreed to impose cess on demerit and luxury goods under the Goods and Services Tax regime, over and above the pe...
19 May, 2017, 10.40 AM IST
Small-car buyers will have to shell out more under GST, SUVs to cost lessUnlike multiple taxes levied currently, the new tax structure will see a uniform rate of 28% on cars plus a cess of 1% for small petrol car...
19 May, 2017, 07.48 AM IST
Auto industry meets Adhia; cess, luxury car definition in focusMaruti Suzuki MD and CEO Kenichi Ayukawa said implementation of Goods and Services Tax (GST) is good for the country but it has to be imple...
07 Nov, 2016, 03.32 PM IST
Govt notifies infra cess of up to 2.5% on carsGovernment today notified the imposition of infrastructure cess of up to 2.5 per cent on passenger vehicles, which was announced in Budget ...
01 Mar, 2016, 09.30 PM IST
Budget 2016 brings 2 new cesses; additional revenue from levy at Rs 23,000 croreThe cess, which will be effective from June 1, 2016, will help finance and promote initiatives to improve agriculture, Finance Minister Aru...
29 Feb, 2016, 09.14 PM IST
Budget 2016: Budget brings 2 new cesses, hikes environment levyGovt today proposed Krishi Kalyan Cess and Infrastructure Cess, raised incidence of Environment levy, while deciding to do away with as man...
29 Feb, 2016, 04.12 PM IST