President promulgates GST (Compensation to States) Amendment Ordinance, 2017

President promulgates Goods and Services Tax (Compensation to States) Amendment Ordinance, 2017; Said amendment increases the Compensation Cess cap to 25% (from 15%) on motor vehicles for transport of not more than 13 persons including driver, falling under sub-headings 870210, 870220, 870230 or 870290 and 8703 i.e. SUVs, mid-size, large and luxury cars ...