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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
  • Currently, under the Goods and Services Tax (GST) regime, small petrol cars with engine capacity less than 1200cc attract 1 per cent cess, while diesel cars with engine capacity of less than 1500cc attract 3 per cent cess, on top of the 28 per cent tax.
    Auto Industry Seeks Two GST Rates For Passenger Vehicles
  • The effective GST rate on mid-size cars will be 45 per cent, and on large cars it would be 48 per cent. The rate will be 50 per cent on sports utility vehicles (SUVs), which include cars with length exceeding 4,000mm and having a ground clearance of 170mm and above.
    Government Notifies GST Cess Hike On Mid & Large Cars, SUVs
  • Notification regarding increase in the effective rates of the Compensation Cess on specified motor vehicles will be issued on September 11, 2017, effective from 00 hours the same day.
    GST Cess Hike In Cars To Take Effect From Today
  • Cabinet approved an ordinance to amend the CGST Act with an aim to increase cess on luxury vehicles. Finance Minister Arun Jaitley said GST Council will decide on the timeline for hiking cess on mid-, large-sized cars.
    GST Council To Decide Timing For Raising Levy On Luxury Cars, SUVs

Reviews

  • With more and more EVs now starting to enter the mass-market segments, the question that comes up is -- should you still consider a CNG car?
    Electric Vehicles vs CNG Cars: Driving Tata’s Tiago EV And iCNG To Analyse Pros, Cons And Running Costs
  • Millions of digital locks worldwide, including on Tesla cars, can be remotely unlocked by hackers exploiting a vulnerability in Bluetooth technology.
    Tesla Cars Vulnerable To Hackers - Study
  • Who hasn't played with hot wheels cars in childhood? Be it a high schooler or an adult, everybody has seen the hot wheels. They come in all forms and colours, and today we'll take a look at 5 real-life hot wheels built by fans and 5 that could be toys.
    10 Real-Life Hot Wheels Cars That Fans Built (And 10 That Should Be Toys)
  • General Motors India has recalled its three small cars - Chevrolet Spark, Beat and Enjoy - that were manufactured between 2007-2014 over battery issue. This recall will affect over 1.55 lakh vehicles, which makes it the biggest ever recall by GM in India.
    General Motors Recalls Over 1.5 Lakh Cars in India
  • Nissan India has issued a recall for about 12,000 units of its models, including the Sunny sedan and Micra. The recall, a part of the company's global effort to rectify engine switch and airbags, affects cars manufactured between June, 2013 and March, 2015 in India.
    Nissan Issues Recall for 12,000 Cars in India