New Delhi: Luxury cars and SUVs may become more expensive with the Union Cabinet yesterday approving an ordinance to raise the maximum compensation cess that can be levied over and above the 28% GST on such cars, from 15% to 25%.
However, these changes will not come into effect immediately. The final decision on whether the cess should be raised, and by how much, will be taken by the GST Council, whose next meeting is on Sept. 9.






