New Delhi, August 30, 2017: The luxury cars and sports utility vehicles in the country are set to become costlier with increase in Cess on them under the GST.
For this, the Union Cabinet on Wednesday approved to bring in an Ordinance to increase the Cess up to 25 percent from the existing rate of 15 percent, said Union Finance Minister Arun Jaitley.
The GST Council would take call on the timing of its implementation, added Jaitley.