GST Council May Hike Cess On Luxury Cars To Help Disaster-Hit States

The GST Council may consider increasing the cess on luxury cars to raise funds to help states affected by natural calamities, a senior government official told BloombergQuint on condition of anonymity. The proposal to hike the cess, subject to a ceiling of 25 percent, would be discussed in the meeting of Goods and Service Tax Council scheduled on Sept 28. Currently, the highest cess that the GST C…