GST Council meet: Rate rejig for 30 items, small cars escape cess net

Mid-sized and large luxury cars as well SUVs will now cost more

Mid-sized and large luxury cars as well as sports utility vehicles will now cost more, as the Goods and Services Tax (GST) Council has raised cess on them. Small cars and hybrid vehicles and those with a capacity of up to 13 passengers have, however, been exempted from the hike.

There was some relief, though. The cess was not raised to the peak rate of 25 per cent nor to the pre-GST rate. 

The Council also decided to extend the deadline for filing supply returns by one month — to October 10. State finance ministers and industry players