अब SUVs और MPVs पर लगेगा 22% Cess ! | Auto Live

The GST Council has increased the cess on utility vehicles (UVs) by 200 basis points from 20% to 22%. This means that the prices of SUVs and MPVs will go up by 2%. The increase in cess is applicable to all UVs that meet certain criteria, including having an engine capacity of over 1,500cc, a length of over 4,000mm, and a ground clearance of over 170mm. The increase in cess is likely to be a burden on consumers who are already facing rising fuel prices. It is also likely to have a negative impact on the automobile industry, as it could dampen demand for SUVs and MPVs. You can follow us at Facebook: https://www.facebook.com/ABPLiveAuto Instagram: https://www.instagram.com/abpliveauto/