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But the luxury cars and SUVs remain in the higher tax category. For them, GST can even go up to 40%. So the new relief is ...
While the sub-4m segment will reap the maximum benefits of the new tax regime, the exact amount of savings will depend on how ...
The Centre has increased GST on mid-size and large cars, along with SUVs and XUVs. They will attract 40% GST. Despite this, ...
The tax cut from 28 per cent to 18 per cent on small cars and commuter bikes is a big deal. For example, a hatchback priced ...
The Council has approved a two-slab GST structure, 5% and 18%, along with a higher demerit rate of 40% applicable only to ...
The GST Council has announced a restructuring of tax rates for the automobile sector, effective September 22, 2025. Mass ...
Motorcycles of engine capacity upto 350 cc will attract a GST rate of 18% while motorcycles of engine capacity exceeding 350 cc attract a GST rate of 40%.