https://www.taxtmi.com/article/detailed?id=9257 Compensation cess is an additional ad valorem levy on specified intra State and inter State supplies to compensate States for GST transition losses. Motor vehicles are specifically scheduled: categories distinguished by seating capacity, engine capacity, propulsion and length attract distinct cess treatment, while defined classes such as ambulances, electrically operated vehicles, three wheelers, certain short or small engine vehicles and used vehicles (subject to input tax credit constraints) receive nil or reduced cess. Notifications set precise rates and conditional concessions for leasing and prior purchases. en-us Thu, 11 Jun 2020 09:57:17 +0530 Thu, 11 Jun 2020 09:57:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9257 Compensation cess is an additional ad valorem levy on specified intra State and inter State supplies to compensate States for GST transition losses. Motor vehicles are specifically scheduled: categories distinguished by seating capacity, engine capacity, propulsion and length attract distinct cess treatment, while defined classes such as ambulances, electrically operated vehicles, three wheelers, certain short or small engine vehicles and used vehicles (subject to input tax credit constraints) receive nil or reduced cess. Notifications set precise rates and conditional concessions for leasing and prior purchases. Articles Goods and Services Tax - GST Thu, 11 Jun 2020 09:57:17 +0530 https://www.taxtmi.com/article/detailed?id=9257