VATupdate
VAT

Share this post on

Temporary GST relief for automakers manufacturing MUVs, no decision yet

The auto manufacturers that build Multi Utility Vehicle (MUVs) seem to have got a temporary relief as there was no decision taken at the 49th GST Council meeting on Saturday regarding the proposal to hike the rate of compensation cess applicable to MUVs, at par with SUVs galling under the same criteria of a car length, engine capacity among others.

Source: a2ztaxcorp.com

Sponsors:

VAT news

Advertisements:

  • VATupdate.com