HEVs supplied by the Applicant are not leviable to compensation cess at the rate of 15% as prescribed under S.No.48 of Notification No.1/2017-Compensation Cess (Rate) dt.28.06.17.
Authority for Advance Ruling — Compensation Cess on HEVs – The applicant Maruti Suzuki India ltd. engaged in the business of manufacture and supply of cars. The Applicant inter-alia supplies cars with compression ignition internal combustion piston engine and electric motor and is currently manufacturing and supplying three models of cars of this category. The applicant sought an advance ruling as to whether HEVs supplied by the Applicant are leviable to Compensation Cess at the rate of 15% as prescribed under Sl. No. 48 of Notification No. 01/2017-Compensation Cess (Rate) dated 28.06.2017 as amended by Notification No. 05/2017-Compensation Cess (Rate) dated 11.09.2017.
Held that:- The Hon’ble Authority ruled that the HEVs supplied by the applicant are not covered under S.No.48 of Notification No. 1/2017-Compensation Cess (Rate) dt.28.06.17, as amended vide Notification No.05/2017- Compensation (Cess) Rate dt.11.09.17.
HEVs supplied by the Applicant are not leviable to compensation cess at the rate of 15% as prescribed under S.No.48 of Notification No.1/2017-Compensation Cess (Rate) dt.28.06.17.
Authority for Advance Ruling — Compensation Cess on HEVs – The applicant Maruti Suzuki India ltd. engaged in the business of manufacture and supply of cars. The Applicant inter-alia supplies cars with compression ignition internal combustion piston engine and electric motor and is currently manufacturing and supplying three models of cars of this category. The applicant sought an advance ruling as to whether HEVs supplied by the Applicant are leviable to Compensation Cess at the rate of 15% as prescribed under Sl. No. 48 of Notification No. 01/2017-Compensation Cess (Rate) dated 28.06.2017 as amended by Notification No. 05/2017-Compensation Cess (Rate) dated 11.09.2017.
Held that:- The Hon’ble Authority ruled that the HEVs supplied by the applicant are not covered under S.No.48 of Notification No. 1/2017-Compensation Cess (Rate) dt.28.06.17, as amended vide Notification No.05/2017- Compensation (Cess) Rate dt.11.09.17.