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Cess Increase Latest Videos

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  • The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars and SUVs. Only pure electric cars attract a 12 per cent GST rate and no cess. That cess of 15 per cent for the larger cars is now set to go up by an additional 10 per cent.
    10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know

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  • Tata Motors-owned Jaguar Land Rover (JLR) reported 30 per cent increase in global sales for April at 37,171 units. The company's sales were up 72 per cent in the China region, 19 per cent in North America, 25 per cent in Asia Pacific and 27 per cent in Europe.
    F-Type and Range Rover Helped JLR Record 30% Increase in April Sales