india raises GST tax rates for larger cars

[Shahzaz ud din]

ndia raises GST tax rates for larger cars
Reuters | Published — Sunday 10 September 2017

India’s GST council to decide timing for raising levy on luxury cars, SUVs

• 
  No excuse for firms not to be ready for GST, says Jaitley

• 
  India to allow late filing in first two months of GST

MUMBAI: Finance Minister Arun Jaitley said on Saturday the government would increase taxes for mid-sized, large, and sports utility vehicles under the recently unveiled Goods and Services Tax (GST), and also extended the deadline to file GST returns.
Jaitley said the so-called CESS rates for mid-sized cars would be raised by 2 percentage points. The rate would rise by 5 percentage points for large cars, and 7 percentage points for sport utility vehicles, Jaitley told a media briefing. The decision was taken by the GST council of ministers chaired by Jaitley earlier in the day.
At the same time filing categories under certain structures within GST were pushed back until October or November, Jaitley said.
Most of these returns had initially been due between July and September.

 

[c.t.ramesh]

Indian tax system totally cheating with people .Why prime minister and political revenue is non taxable? over tax in Asian countries but all are corrpation go to politicians house I hate indian tax system.

 

[Tangent123]

ndia raises GST tax rates for larger cars
Reuters | Published — Sunday 10 September 2017

India’s GST council to decide timing for raising levy on luxury cars, SUVs

• 
  No excuse for firms not to be ready for GST, says Jaitley

• 
  India to allow late filing in first two months of GST

MUMBAI: Finance Minister Arun Jaitley said on Saturday the government would increase taxes for mid-sized, large, and sports utility vehicles under the recently unveiled Goods and Services Tax (GST), and also extended the deadline to file GST returns.
Jaitley said the so-called CESS rates for mid-sized cars would be raised by 2 percentage points. The rate would rise by 5 percentage points for large cars, and 7 percentage points for sport utility vehicles, Jaitley told a media briefing. The decision was taken by the GST council of ministers chaired by Jaitley earlier in the day.
At the same time filing categories under certain structures within GST were pushed back until October or November, Jaitley said.
Most of these returns had initially been due between July and September.

..need of hour..Good Step.
With rising prosperity the numbers of cars , their size, displacement is increasing and choking already stressed infrastructure.
..good public transport is way forward. Hope to see metros in many more cities.