<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>GST Council may reconsider steep levy on hybrid cars next week</title>
    <link>https://www.taxtmi.com/news?id=18073</link>
    <description>The GST Council announced that hybrid vehicles would be taxed at the same GST rate and cess as passenger cars, producing a materially higher combined tax incidence than under the existing pre GST regime; industry objections arguing this disincentivises green vehicles prompted officials to say the Council may re examine the rate and that any change would be returned to the Council for decision.</description>
    <language>en-us</language>
    <pubDate>Wed, 24 May 2017 15:58:29 +0530</pubDate>
    <lastBuildDate>Wed, 24 May 2017 15:58:29 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=469721" rel="self" type="application/rss+xml"/>
    <item>
      <title>GST Council may reconsider steep levy on hybrid cars next week</title>
      <link>https://www.taxtmi.com/news?id=18073</link>
      <description>The GST Council announced that hybrid vehicles would be taxed at the same GST rate and cess as passenger cars, producing a materially higher combined tax incidence than under the existing pre GST regime; industry objections arguing this disincentivises green vehicles prompted officials to say the Council may re examine the rate and that any change would be returned to the Council for decision.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Wed, 24 May 2017 15:58:29 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=18073</guid>
    </item>
  </channel>
</rss>