{"id":269735,"date":"2022-12-17T20:25:00","date_gmt":"2022-12-17T20:25:00","guid":{"rendered":"https:\/\/haftavasool.com\/haftavasool\/?p=269735"},"modified":"2022-12-17T20:25:00","modified_gmt":"2022-12-17T20:25:00","slug":"single-definition-for-suv-across-all-states-now-see-tax-implications","status":"publish","type":"post","link":"https:\/\/haftavasool.com\/haftavasool\/blog\/2022\/12\/17\/single-definition-for-suv-across-all-states-now-see-tax-implications\/","title":{"rendered":"Single Definition For SUV Across All States Now. See Tax Implications."},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div itemprop=\"articleBody\" id=\"ins_storybody\"><!-- \n\n<div itemprop=\"articleBody\" class=\"sp-cn ins_storybody\" id=\"ins_storybody\">--><\/p>\n<div class=\"ins_instory_dv\">\n<div class=\"ins_instory_dv_cont\"><img decoding=\"async\" title=\"Single Definition For SUV Across All States Now. See Tax Implications.\" alt=\"Single Definition For SUV Across All States Now. See Tax Implications.\" id=\"story_image_main\" src=\"https:\/\/c.ndtvimg.com\/2022-11\/hsur0nig_mercedesbenz-eqb-electric-suv_650x400_30_November_22.jpg\"\/><\/div>\n<p class=\"ins_instory_dv_caption sp_b\">An internal committee will consider whether mobility utility vehicles will also have to meet new criteria<\/p>\n<\/div>\n<p><b class=\"place_cont\">New Delhi: <\/b><\/p>\n<p>The Goods and Services Tax (GST) Council on Saturday decided to have a single definition across all states in the country for sports utility vehicles, attracting a higher tax rate.<\/p>\n<p>Currently cars with engine capacity exceeding 1500 cc, length exceeding 4000 mm and having ground clearance of 170 mm attract a GST of 28% and a 22% cess, taking the effective tax rate to 50%. However, states do not have a consistent definition define a vehicle as a SUV, leading to confusion among automakers.<\/p>\n<p>The council, composed of state finance ministers and chaired by the Union Finance Minister, decided that all the criteria including engine capacity, length and ground clearance has to met for a vehicle to be classified as a SUV.<\/p>\n<p>&#8220;If cars do not meet any of these criteria, lower cess rate will be applicable,&#8221; said Vivek Johri, Chairman of Central Board of Indirect Taxes and Customs.<\/p>\n<p>An internal committee will also consider whether mobility utility vehicles will also have to meet these criteria to come under the higher cess threshold, Johri said.<\/p>\n<p>The body did not discuss a report prepared by a ministers&#8217; panel on how online gaming companies and casinos should be taxed, an issue that affects billion dollar companies such as Tiger Global-backed Dream11 and Sequoia Capital-backed Mobile Premier League.<\/p>\n<p><i>(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)<\/i><\/p>\n<p><span itemprop=\"video\" itemscope=\"\" itemtype=\"https:\/\/schema.org\/VideoObject\"><meta itemprop=\"headline\" content=\"PM Had To Do 50-Km Roadshows Because Of AAP: Raghav Chadha to NDTV\"\/><meta itemprop=\"name\" content=\"PM Had To Do 50-Km Roadshows Because Of AAP: Raghav Chadha to NDTV\"\/><meta itemprop=\"description\" content=\"PM Had To Do 50-Km Roadshows Because Of AAP: Raghav Chadha to NDTV\"\/><meta itemprop=\"thumbnailUrl\" content=\"https:\/\/c.ndtvimg.com\/2022-11\/hsur0nig_mercedesbenz-eqb-electric-suv_650x400_30_November_22.jpg\"\/><meta itemprop=\"uploadDate\" content=\"2022-12-17T20:25:12+05:30\"\/><meta itemprop=\"embedUrl\" content=\"https:\/\/www.ndtv.com\/video\/embed-player\/?id=671872&amp;category=embed&amp;pWidth=650&amp;pHeight=403&amp;embed_type=story&amp;mute=1&amp;autostart=1&amp;mutestart=true&amp;ctitle=0&amp;cache=2022\"\/><meta itemprop=\"ContentUrl\" content=\"https:\/\/ndtvod.pc.cdn.bitgravity.com\/23372\/ndtv\/17122022_RaghavonPMModi_33668_6709_2500.mp4\"\/><\/span><\/p>\n<div class=\"ins_instory_dv_cont externalVideo fvotd\">\n<h3 class=\"s-ttl\">Featured Video Of The Day<\/h3>\n<p><iframe id=\"videoembed\" class=\"lozad\" src=\"https:\/\/c.ndtvimg.com\/2022-12\/111po3u_raghav-chadha_640x480_17_December_22.jpg\" data-src=\"https:\/\/www.ndtv.com\/video\/embed-player\/?id=671872&amp;category=embed&amp;pWidth=650&amp;pHeight=403&amp;embed_type=story&amp;mute=1&amp;autostart=1&amp;mutestart=true&amp;ctitle=0&amp;cache=2022\" scrolling=\"no\" frameborder=\"0\" allowtransparency=\"true\" style=\"border:none; overflow:hidden; width:100%; height:403px; padding-bottom: 0px;padding-left:0px;\"><\/iframe><\/p>\n<p>PM Had To Do 50-Km Roadshows Because Of AAP: Raghav Chadha to NDTV<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.ndtv.com\/india-news\/gst-council-sports-utility-vehicles-definition-defers-tax-on-online-gaming-3615503\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] An internal committee will consider whether mobility utility vehicles will also have to meet new criteria New Delhi: The Goods and Services Tax (GST) Council on Saturday decided to have a single definition across all states in the country for sports utility vehicles, attracting a higher tax rate. Currently cars with engine capacity exceeding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":269736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[10274,18785,238393],"_links":{"self":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/269735"}],"collection":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/comments?post=269735"}],"version-history":[{"count":0,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/posts\/269735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media\/269736"}],"wp:attachment":[{"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/media?parent=269735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/categories?post=269735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/haftavasool.com\/haftavasool\/wp-json\/wp\/v2\/tags?post=269735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}