New GST Rates on Automobiles: Small Cars, Hybrids, Bikes Under 350cc & Three-Wheelers Become Cheaper — Key Details for Buyers
The tax cut from 28% to 18% on small cars and commuter bikes is significant. A hatchback with an ex-factory price of ₹6 lakh could now cost about ₹60,000 less. The GST Council has slashed taxes on small cars, commuter bikes (up to 350cc), and three-wheelers. Starting September 22, coinciding with the first day of … Read more