Revised Compensation cess rate on Motor vehicle under HSN 8702

Compensation cess rate on Motor vehicle under HSN 8702

 

The Compensation cess rate on goods under HSN  8702 has been Revised as per GST council meet held on 18th January, 2018.  The details of revised Compensation cess rate on Motor vehicle under HSN 8702 is as follows:

 

Latest Compensation cess rate on Motor vehicle under HSN 8702

 

HSN number:  8702 

Motor vehicles  [falling  under    heading 8702, as it was in excise regime] cleared as ambulances, duly fitted with all fitments, furniture and accessories necessary for an ambulance from the factory manufacturing such vehicles.10-13 seater buses and ambulances, subject to specified conditions.

Compensation cess rate before 18th January, 2018: 15%

Revised Compensation cess rate w.e.f 18.01.2018: Nil  

 

The above information is about revised Compensation cess rate on Motor vehicle under HSN 8702.  If you would like to add more information about revised Compensation cess rate on Motor vehicle under HSN 8702, share below your thoughts:

 

                


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers