The GST council is to clarify on definition of multi utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy of 22 per cent compensation cess over and above the 28 per cent GST rate, ...
Currently cars with engine capacity exceeding 1500 cc, length exceeding 4000 mm and having ground clearance of 170 mm attract a GST of 28% and a 22% cess, taking the effective tax rate to ...
Maruti Ertiga, Kia Carens to get more expensive? GST council to define MUVs, XUVs for added 22% cess
The GST Council, which will be meeting next on July 11, might clarify the definition of multi-utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy of a 22 per cent compensation cess ...
Industry body Assocham on Monday said that government must clearly outline the scope of 'e-commerce' under the GST, as the current definition can include even commodity derivatives exchanges where ...
On how GST will become transparent in turnover-based MSME definition; Dr Soumya Kanti Ghosh, Group Chief Economic Adviser, State Bank of India (SBI) said, "The proposed definitional change for MSME is ...
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