GST Rate Cut Makes Your Next Car Cheaper By 9%
Big win for car lovers! The GST Council has made passenger vehicles more affordable with a new GST rate cut. which means cars will get cheaper. Here’s what changes under the new GST rules:
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Most vehicles are now taxed at 18% (earlier ~28%).
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Bigger cars & bikes above 350cc → 40% GST.
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EVs stay at 5% (no change).
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Tractor tax cut from 12% to 5%.
👉 Why this matters: A GST rate cut means cheaper vehicles, more sales, and a boost for the auto industry.
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Curated by Articoli News
🖋️ Written and summarized by our editorial team using AI assistance and human review.
📚 Sources: Market insights on the internet and other verified media platforms.
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👤 Edited & Approved by Debraj Paul, Founder of Articoli News.
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