On December 17, 2022, Union Finance Minister Nirmala Sitharaman presided over the 48th GST Council meeting, which was held in New Delhi.
“In this GST Council meeting, there has not been any tax rise on any item,” Ms. Sitharaman declared after the meeting. Every action taken has been to provide clarifications in cases where there is a predominance of ambiguous interpretations.
“The fitment committee’s recommendations have been presented to the Council on several items where there is a rate of misunderstanding, according to the majority of everything that has been considered. We have made it clear that in the case of SUVs, the higher rate of 22% compensatory cess is applied to motor vehicles meeting four requirements: being referred to as an SUV, having an engine capacity of 1500 cc, being longer than 4,000 mm, and having a ground clearance of 170 mm.”
This news is written by Ms. Pujari Dharani, Research Assistant, All India Legal Forum.
ALL INDIA LEGAL FORUM 