GST council may raise cess on cars to boost e-vehicles

Financial Chronicle

The GST council may raise cess on cars to mobilise resources for providing subsidy to electric vehicles. The move is also aimed at reducing dependency on fossil fuel through promotion of green energy sources. The government levies a GST (goods and services tax) of 28 per cent besides a cess of 15 per cent. The cess on bigger cars like mid-sized sedans and SUVs is higher and may be raised to 25 per…

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