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In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury cars has been increased in order to compensate states for revenue loss on account of implementation of the Goods and Services Tax or GST. This bill will now officially replace the ordinance, which was issued in September by the GST council that increased the GST on cars over the 4-metre length bracket.
GST Cess: Bill Allowing Cess Increase On Luxury Cars Passed By Lok Sabha
Calender
Dec 28, 2017 05:29 PM
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1 mins read
In yet another unexpected move, the Lok Sabha has approved a bill to hike Cess on luxury vehicles from 15 per cent to 25 per cent. The Cess will be applicable along with the 28 per cent GST that is already applicable on cars that are over the 4-metre length category. In a statement, the Finance Minister Arun Jaitley said that the Cess on luxury cars has been increased in order to compensate states for revenue loss on account of implementation of the Goods and Services Tax or GST. This bill will now officially replace the ordinance, which was issued in September by the GST council that increased the GST on cars over the 4-metre length bracket.
2018 Hyundai i20 Facelift Interior Uncovered In Latest Spy Images
2018 Hyundai i20 Facelift Interior Uncovered In Latest Spy Images
calender
Dec 27, 2017 11:56 PM
The 2018 Hyundai i20 facelift was recently spotted testing in India again and this time around we got to see the cabin as well. The car is expected to be launched next year
2018 Hyundai Santro Spotted Testing In India
2018 Hyundai Santro Spotted Testing In India
calender
Dec 27, 2017 08:46 PM
The upcoming 2018 Hyundai Santro was recently spotted testing in India again and this time around it was seen with some production ready parts. The car, which is internally called the AH2, will be launched in India by mid 2018, bringing back to Santro nameplate which was discontinued a few years ago.
SsangYong Tivoli Based Mahindra S201 Compact SUV Spied Testing
SsangYong Tivoli Based Mahindra S201 Compact SUV Spied Testing
calender
Dec 27, 2017 07:50 PM
While we know that the SsangYong brand won't be expanding its base in India any further, the company's though will play an important role for parent company Mahindra. The Indian auto giant has been working on its own iteration of a compact SUV based on the Tivoli and the model was recently spied testing. Codenamed S201, the SUV was spotted being tested alongside rival Hyundai Creta.
Mahindra TUV300 Plus Delivered To Customer; Launch In 2018
Mahindra TUV300 Plus Delivered To Customer; Launch In 2018
calender
Dec 26, 2017 02:29 AM
Mahindra & Mahindra has a host of products lined up for launch in 2018 and the automaker could kick-start its new line-up with the TUV300 Plus model in early 2018. The full-sized Mahindra TUV300 Plus has been spied on several occasions in the past, sans any camouflage and latest images reveal that the model has been also been purchased by a customer ahead of official launch.
Near-Production Mercedes-Benz A-Class Sedan Spotted Testing
Near-Production Mercedes-Benz A-Class Sedan Spotted Testing
calender
Dec 25, 2017 05:30 PM
The upcoming 2018 Mercedes-Benz A-Class sedan was recently spotted testing with production-ready parts. The car is set to make its global debut next year, most likely after the new-gen A-Class hatch is unveiled.
2018 Toyota Vios Sedan Scores 5-Star Rating In ASEAN NCAP Crash Test
2018 Toyota Vios Sedan Scores 5-Star Rating In ASEAN NCAP Crash Test
calender
Dec 22, 2017 07:59 PM
The Toyota Vios has scored a 5-star rating in the crash test conducted by the ASEAN NCAP. The car bagged top scored in both adult and child occupant safety protocols. Toyota will launch the Vios sedan in India next year in the first-half of 2018.
Upcoming Mahindra S201 Spotted Testing With Production-Ready Taillamps
Upcoming Mahindra S201 Spotted Testing With Production-Ready Taillamps
calender
Dec 22, 2017 06:04 PM
Mahindra's upcoming compact SUV, codenamed S201, was recently spotted testing again with production-ready taillamps. The SUV is based on the Ssangyong Tivoli and it will be largely similar to the latter in dimensions and features. The upcoming SUV will not be a sub-4 metre SUV and might come with new powertrain options.
Next-Gen Audi A6 Teased In New Video; Will Debut In Early 2018
Next-Gen Audi A6 Teased In New Video; Will Debut In Early 2018
calender
Dec 21, 2017 04:58 PM
The new generation Audi A6 sedan is expected to make is global debut sometime next year, most likely during the Geneva Motor Show 2018.