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INFRASTRUCTURE CESS ON VEHICLES (PART-I)

Service Tax - By: - Dr. Sanjiv Agarwal - Dated:- 8-4-2016 - In the Budget speech for 2016-17, Finance Minister expressed his and the Government's concern on the rising pollution and traffic situation in Indian cities. Para 153 of the speech reads as follows - The pollution and traffic situation in Indian cities is a matter of concern. I propose to levy an infrastructure cess, of 1% on small petrol, LPG, CNG cars, 2.5% on diesel cars of certain capacity and 4% on other higher engine capacity .....

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ucture projects. (2) The cess leviable under sub-section (1), chargeable on the goods specified in the Eleventh Schedule shall be in addition to any other duties of excise chargeable on such goods under the Central Excise Act, 1944 or any other law for the time being in force. (3) The provisions of the Central Excise Act, 1944 and the rules made thereunder, including those relating to assessment, non-levy, short-levy, refunds, interest, appeals, offences and penalties, shall, as far as may be, a .....

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s to levy infrastructure cess at the rate of 4 percent as duty of excise on the goods specified in the Eleventh Schedule. Eleventh Schedule to the Finance Bill, 2016 refers to all goods falling under heading 8703 of the First Schedule to the Central Excise Tariff Act, 1985 @ 4 percent. Levy of Infrastructure Cess In view of the concern over pollution and traffic situation in Indian cities, a cess called infrastructure cess of 1 percent has been levied w.e.f. 01.03.2016 on small petrol, LPG, CNG .....

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