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29 Aug 2017

Mercedes Benz warn of prices going back to pre-GST level

The overall tax incidence on locally-assembled luxury cars had come down from around 55 percent earlier to 43 percent in the GST regime.

29 May 2017

Cess to yield Rs 55,000 crore in first 9 months of GST rollout

The Centre expects to mop up as much as Rs 55,000 crore by levy of cess, including a big chunk from demerit and luxury goods, during the 9-month period of the current fiscal after the Goods and Services Tax (GST) is rolled out from July 1.

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