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The GST Council also lowered the service tax levied on food and beverages consumed in cinema halls to 5 per cent and tweaked the definition of an SUV for attracting a cess over and above the GST rate ....
The 50th meeting of the Goods and Services Tax (GST) Council was held here today, under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. To mark the milestone of 50th meeting of the GST Council, ....
The fitment committee has recommended the inclusion of all utility vehicles, by whatever name called, of length greater than 4,000 mm, engine capacity greater than 1,500 cc and ground clearance of more than 170 mm in the 22% cess category along with SUVs, says a source. ....
The GST Council is likely to clarify on the definition of multi utility vehicles (MUVs) and crossover utility vehicles (XUVs) for levy of 22 per cent compensation cess over and above the 28 per cent GST rate, sources said. ....