Mercedes-Benz India denounces levy of cess on luxury cars, says prices going back to pre-GST level

Under the GST regime, large cars with engine capacity of greater than 1,500 cc and SUVs with length of more than four metres and engine greater than 1,500 cc attracts cess of 15 per cent in addition to the top tax rate of 28 per cent. German luxury car ... read more...