The Goods and Services Tax (GST) Council, at its meeting on July 11, is likely to recommend a cess of 22 percent for all multi-utility vehicles (MUVs), with length more than 4 metres, engine capacity of more than 1,500cc and ground clearance of 170 mm, a source said.
“The fitment committee has recommended the inclusion of all utility vehicles, by whatever name called, provided they meet the parameters of length greater than 4,000 mm, engine capacity greater than 1,500 cc and ground clearance of more than 170 mm in the 22 percent cess bracket along with SUVs,” the person told Moneycontrol.
All SUVs and multi utilility vehicles are in the 28 per cent GST slab rate.
Based on the recommendation of the GST Council, at its 21st meeting held in September, 2017, a compensation cess of 22 percent was notified on Sports Utility Vehicles (SUVs).
Read more at : Moneycontrol
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