Click it and Unblock the Notifications
Latest News
-
Log9 Unveils Amphion & Nexmile – Revolutionizing EV Asset Management -
2025 Cayenne GTS Unveiled: V8 Power And Advanced Dynamics In New Porsche Models -
Vanessa Williams Moderates Panel To Support Parkinson’s Awareness With Drive Toward A Cure -
India's Car Exports Surge In 2023-24: Maruti Suzuki Leads The Way -
2024 Isuzu D-Max V-Cross Facelift: What To Expect From The Latest Updates -
Suzuki Access Electric To Electrify The Indian Scooter Market By 2024 -
Bajaj Pulsar 400 Teaser Out – Launch Date & Other Details -
Tata Motors Rolls Out New Bi-Fuel Tata Magic Van, Aiming At Eco-Friendly Transportation -
Maruti Suzuki Ertiga Continues To Lead the MPV Market Despite Long Waits -
Volkswagen Taigun GT Line & GT Plus Sport Launched At Rs 14.08 Lakh – Comes With Sporty Design Enhancements
GST Revision: Three Cess Slabs For Mid-Sized, Luxury Cars, And SUVs
The GST Council has revised the cess on mid-sized cars and luxury cars as well as SUVs.
After several discussions, the GST Council has finally set the GST cess on mid-sized, luxury cars and SUVs. The GST cess on smaller cars with petrol engines up to 1200cc and diesel engines up to 1500cc remain unchanged with 43 per cent (28 percent GST+15 per cent Cess).
The new GST cess on mid-sized cars has been fixed at 45 percent (28 percent GST + 17 percent Cess). Luxury cars that are not categorized as SUVs attract 48 percent (28 percent GST + 20 percent Cess). As for SUVs, the GST Council as set the rate at 50 percent (28 percent GST + 22 percent Cess).
GST Rates In Detail
| Body Style | GST Rate (Old) | GST Rate (New) |
| Sub 4-metre vehicles (Petrol less than 1200cc) |
28
percent
GST
+
1
percent
Cess
=
29
percent | 28 percent GST + 1 percent Cess = 29 percent |
| Sub 4-metre vehicles (Diesel less than 1500cc) | 28 percent GST + 3 percent Cess = 31 percent | 28 percent GST + 3 percent Cess = 31 percent |
| Sub 4-metre vehicles (Petrol > 1200cc/ Diesel > 1500cc) | 28 percent GST + 15 percent cess = 43 percent | 28 percent GST + 15 percent cess = 43 percent |
| Mid-Sized Cars (More than 4-metres) |
28
percent
GST
+
15
percent
Cess
=
43
percent | 28 percent GST + 17 percent Cess = 45 percent |
| Luxury Cars (More than 4-metres) | 28 percent GST + 15 percent Cess = 43 percent | 28 percent GST + 20 percent Cess = 48 percent |
| SUVs (More than 4-metres) | 28 percent GST + 15 percent Cess = 43 percent | 28 percent GST + 22 percent Cess = 50 percent |
| Hybrid Vehicles | 28 percent GST + 15 percent Cess = 43 percent | 28 percent GST + 15 percent Cess = 43 percent |
| Electric Vehicles (EVs) | 12 percent GST (No Cess) | 12 percent GST (No Cess) |
The GST Cess for mid-sized cars has been increased by 2 percent, luxury cars up by 5 percent, while on SUVs, it has been increased by 7 percent. The new GST Cess slabs are effective from September 11, 2017.
Recommended Video
DriveSpark Thinks!
The mid-sized cars attracted 46.60 percent tax pre-GST and now attracts 45 percent. Hence, there is a marginal reduction in price compared to the pre-GST period for mid-size cars. Larger cars and SUVs attracted 55.30 percent tax will now attract 50 percent, which is marginal again, but there is a reduction compared to the pre-GST era.
