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GST Council recommends luxury car cess hike from 15% to 25%

The GST Council has recommended the government to raise cess on SUVs and luxury cars from 15% to 25%. According to the earlier decision, large motor vehicles, SUVs, and mid-segment cars, among others, attracted a cess of 15% in addition to 28% GST rate. However, the decision on when to raise the cess on the motor vehicles will be taken later.

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