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21st GST Council meeting to be held today in Hyderabad

ANI  |  Hyderabad [India] 

Minister has reached to chair the 21st Goods and Services (GST) Council meeting on Saturday.

The 21st council meeting will be held to consider the nitty-gritty of the cess on large cars.

The Union promulgated an ordinance on September 3, raising the maximum cess that may be levied on medium-sized to large cars and sports utility vehicles (SUVs) from 15 percent to 25 percent.

The Council has to now decide the quantum of increase to be enforced in view of requirements.

GST, the four-tier structure of 5, 12, 18 and 28 percent came into force on July 1.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, September 09 2017. 11:22 IST