GST impact: Toyota Kirloskar halts Camry hybrid production as sales fall a sharp 73%

19 hours ago
Toyota Kirloskar Motor, the Indian arm of Japanese major Toyota Motor Corp, has halted the production of hybrid version of its Camry model as sales declined a steep 73 percent after tax incidence on the cars hit 43 percent under the Goods and Services ... ...

GST cess on luxury cars, SUVs set to rise as govt approves ordinance

2 months ago
The GST Council meeting on 9 September will take the final call on the GST cess for luxury cars and SUVs. Photo: Mint. New Delhi: The Union Cabinet on Wednesday approved an ordinance enabling the government to raise the goods and services tax (GST)  ... ...

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