Luxury vehicles currently attract the top GST slab of 28 per cent with an additional cess of 20 per cent on sedans and 22 per cent on SUVs, taking the total tax incidence to up to 50 per cent.from Auto-Industry-Economic Times https://ift.tt/3GF7kdM
Sunday, October 31, 2021
High taxes hampering growth of luxury car segment in India: Audi
Luxury vehicles currently attract the top GST slab of 28 per cent with an additional cess of 20 per cent on sedans and 22 per cent on SUVs, taking the total tax incidence to up to 50 per cent.from Auto-Industry-Economic Times https://ift.tt/3GF7kdM
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