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TMI BlogAmends the rates of compensation cess on various motor vehiclesX X X X Extracts X X X X X X X X Extracts X X X X ..... f the Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.1/2017- Compensation Cess (Rate), dated the 28th June, 2017 published in the Gazette of India, Extraordinary, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r than those mentioned at (a), (b) and (c) above. Explanation.- For the purposes of this entry, the specification of the motor vehicle shall be determined as per the Motor Vehicles Act, 1988 (59 of 1988) and the rules made there under. NIL NIL NIL 15% 48 8703 50, 8703 70 Following Vehicles, with both compression-ignition internal combustion piston engine [diesel-or semi diesel] and electr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s of engine capacity not exceeding 1500 cc 17% 52A 8703 Motor vehicles of engine capacity exceeding 1500 cc other than motor vehicles specified against entry at S. No 52B 20%". 52B 8703 Motor vehicles of engine capacity exceeding 1500 cc, popularly known as Sports Utility Vehicles (SUVs) including utility vehicles. Explanation. - For the purposes of this entry, SUV includes a motor vehicl ..... X X X X Extracts X X X X X X X X Extracts X X X X
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