GST Rate on Suv
40%
GST Rate
- Product
- Suv
- HSN/SAC Code
- 8703
- GST Rate
- 40%
- CGST
- 20%
- SGST
- 20%
- IGST
- 40%
- Category
- Automobiles
Example GST Calculation
| Taxable Value | ₹10,000 |
| GST @ 40% | ₹4,000 |
| ↳ CGST @ 20% | ₹2,000 |
| ↳ SGST @ 20% | ₹2,000 |
| Total | ₹14,000 |
Related HSN Codes
| HSN Code | Description | GST Rate |
|---|---|---|
| 8703 | Motor cars up to 1200cc petrol / 1500cc diesel and 4m (larger cars, SUVs: 40%) | 18% |