GST Council Meeting held on 18.1.2018 recommended for change in compensation cess on the following goods. It will be effective only after publishing Gazette Notification / Circulars to give lawful effect to the deduction.
List of Goods for GST Council recommended change in compensation cess
| S No. | Chapter/ Heading/ Subheading/ Tariff item |
Name and Description of Item | Compensation Cess Rate | Compensation Cess Rate Recommend |
| 1 | 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. | 15% | Nil |
| 2 | 87 | Old and used motor vehicles [medium and large cars and SUVs], on the margin of the supplier, subject to the condition that no input tax credit of central excise duty/value added tax or GST paid on such vehicles has been availed by him. | Applicable Rate | Nil |
| 3 | 87 | All types of old and used motors vehicles [other than medium and large cars and SUVs] on the margin of the supplier of subject to the conditions that no input tax credit of central excise duty /value added tax or GST paid on such vehicles has been availed by him. | Applicable Rate | Nil |
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