Congrats!🚗 GST Rate Cut: New Cars Now 9% Cheaper in India

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:

• • Most vehicles are now taxed at 18% (earlier ~28%).

  • Bigger cars & bikes above 350cc → 40% GST.

  • EVs stay at 5% (no change).

  • 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.

[Read More: Mint]

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