Current cess on vehicles

Dr Pawan Goenka, Managing Director, Mahindra & Mahindra Ltd said, “Passing of ordinance to increase the limit of cess to 25 per cent, on certain class of vehicles, is along the expected lines. What is critical to the industry is when, how much and on what criteria will the cess be increased. Industry has made a representation to the government and we await the final decision.”