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The GST council also extended the deadline for filing GSTR 1 for July to October 10.
"There will be no additional burden on small car buyers," Jaitley said after the 21st meeting of the GST Council here.
While the total tax in midsize cars will increase from 43% to 45% and large cars will be raised to 48% from 43%.
On SUVs, total tax would now be 50% instead of 43%.
Khadi fabric sold only through KVIC stores will be tax-exempted, said the finance minister.
The Council also amended the framework for branded packaged food products.
"Figure of approx Rs.95.000 cr (tax collection) for July. Some spill over of VAT collection of June paid in July will also be added. We reviewed the functioning of GST Network which on 2 or 3 occasions got overloaded. These are transient challenges and has been rectified," Jaitley said.
The Center on September 4 extended the deadline for filing GSTR 1 for July to September 10 after the GST portal stopped working.
Deadlines for filing GSTR 2 and GSTR 3 were also subsequently extended to September 25 and September 30, respectively.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)