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of <h1>India Revises GST Compensation Cess Rates on Motor Vehicles; SUVs Face 22% Rate, Others Vary by Engine Capacity.</h1> The Government of India, through the Ministry of Finance, has amended the rates of compensation cess on specific motor vehicles under the Goods and Services Tax (Compensation to States) Act, 2017. The changes include adjustments for vehicles with both spark-ignition and compression-ignition engines combined with electric motors. For certain vehicles, including ambulances and three-wheeled vehicles, the cess rate is set at 15%. For motor vehicles with engine capacities not exceeding 1500 cc, the cess is 17%, while those exceeding 1500 cc, excluding SUVs, face a 20% rate. SUVs and similar vehicles with higher specifications are subject to a 22% cess rate.
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