Calamity Cess
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Finance Ministry Not Planning To Impose Calamity Cess On GST: Report
Finance Ministry sources said that a calamity cess might have a counter-productive effect on sales, which are already low
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Nitin Gadkari Says Hybrids Must Get Same Reduced GST Benefit As EVs
Prior to GST, hybrid vehicles were taxed 30.3 percent (12.5 percent excise duty, 12.5 percent value-added tax, 2 percent central sales tax and 1 percent national calamity contingent duty). Under GST, it attracts 28 percent tax and 15 percent cess like big petrol and diesel luxury cars.
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GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities
GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.
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Arun Jaitley Hints At No Review Of GST Rate On Hybrid Cars
Even though hybrid cars are exempt from infrastructure cess, there is a 1 per cent National Calamity Contingent Duty, 2 per cent Central Sales Tax and 12.5 per cent VAT, which takes the total incidence to 30.3 per cent.
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Finance Ministry Not Planning To Impose Calamity Cess On GST: Report
Finance Ministry sources said that a calamity cess might have a counter-productive effect on sales, which are already low
-
Nitin Gadkari Says Hybrids Must Get Same Reduced GST Benefit As EVs
Prior to GST, hybrid vehicles were taxed 30.3 percent (12.5 percent excise duty, 12.5 percent value-added tax, 2 percent central sales tax and 1 percent national calamity contingent duty). Under GST, it attracts 28 percent tax and 15 percent cess like big petrol and diesel luxury cars.
-
GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities
GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.
-
Arun Jaitley Hints At No Review Of GST Rate On Hybrid Cars
Even though hybrid cars are exempt from infrastructure cess, there is a 1 per cent National Calamity Contingent Duty, 2 per cent Central Sales Tax and 12.5 per cent VAT, which takes the total incidence to 30.3 per cent.
