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Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
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Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
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GST At 18% On Sale Of Used Cars Only If Seller Earns A Margin: Report
A registered person will have to pay GST on sale of old and used vehicle only if the seller has earned a margin, which is the selling price is higher than the depreciation adjusted cost price of the vehicle, sources said.
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How GST Impacted Automobile Prices In India
Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.
-
Acknowledge the Impact of GST on Cars
Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.
-
Maruti Suzuki Announces Price Cut On Eeco Ambulance As Government Reduces GST
With GST rate on Ambulance lowered to 12 per cent from 28 per cent, Maruti Suzuki India has decided to reduce prices of the Eeco Ambulance. It is now priced at Rs. 6.16 lakh (ex-showroom, Delhi).
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Tata Motors Feels Government's Support In GST Cut Will Help PV Industry: Report
The home-grown automaker, Tata Motors has recently stated that any kind of support from the Government of India towards GST reduction would help the passenger vehicle segment immensely.
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Hyundai Receives Order For 100 Units Of The Kona Electric From EESL
As a pilot project for clean mobility EESL had ordered 10 KonaElectric SUVs in the year 2019.
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"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
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Auto Stocks in Bullish Mode; Slowly Getting Back To Pre-Lockdown Levels
A clear trend indicates the Auto companies' stocks are now faring better at the markets after hitting record lows during the initial phase of the Coronavirus lockdown.
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Budget 2020: Auto Sector Misses Direct Benefits; Indirect Sops Likely To Drive Sales
GST reduction and incentive based scrappage policy are the need of the hour, but all indirect benefits should curb liquidity crisis and uplift general customers' sentiment.
-
GST Council Meeting: No Reduction In GST For The Auto Industry
The GST council has not announced any rate cuts on the passenger vehicles and that means there will be no change in the price of cars and bikes.
-
Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates
The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per ...
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Hyundai Kona Electric's Price Reduced; Now Priced At Rs. 23.71 Lakh
Hyundai has reduced the price of the Kona from Rs. 25.3 lakh to Rs. 23.71 lakh on account of the government reducing the GST rates on electric vehicles. Hyundai has received about 152 bookings in 20 days for the Kona.
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Motor Vehicles In India To Get More Expensive As Government Proposes Hike In Registration Charges
Government's proposal comes at a time when the auto industry has been witnessing decline in sales and automakers are demanding reduction in GST rates to uplift sales.
-
Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
-
Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
-
GST At 18% On Sale Of Used Cars Only If Seller Earns A Margin: Report
A registered person will have to pay GST on sale of old and used vehicle only if the seller has earned a margin, which is the selling price is higher than the depreciation adjusted cost price of the vehicle, sources said.
-
How GST Impacted Automobile Prices In India
Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.
-
Acknowledge the Impact of GST on Cars
Considering the automobile business to be one of the leading businesses in any given country, it has affected India. The price of the car increased by a huge amount, but the method of implication made it quite different too.
-
Maruti Suzuki Announces Price Cut On Eeco Ambulance As Government Reduces GST
With GST rate on Ambulance lowered to 12 per cent from 28 per cent, Maruti Suzuki India has decided to reduce prices of the Eeco Ambulance. It is now priced at Rs. 6.16 lakh (ex-showroom, Delhi).
-
Tata Motors Feels Government's Support In GST Cut Will Help PV Industry: Report
The home-grown automaker, Tata Motors has recently stated that any kind of support from the Government of India towards GST reduction would help the passenger vehicle segment immensely.
-
Hyundai Receives Order For 100 Units Of The Kona Electric From EESL
As a pilot project for clean mobility EESL had ordered 10 KonaElectric SUVs in the year 2019.
-
"Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
-
Auto Stocks in Bullish Mode; Slowly Getting Back To Pre-Lockdown Levels
A clear trend indicates the Auto companies' stocks are now faring better at the markets after hitting record lows during the initial phase of the Coronavirus lockdown.
-
Budget 2020: Auto Sector Misses Direct Benefits; Indirect Sops Likely To Drive Sales
GST reduction and incentive based scrappage policy are the need of the hour, but all indirect benefits should curb liquidity crisis and uplift general customers' sentiment.
-
GST Council Meeting: No Reduction In GST For The Auto Industry
The GST council has not announced any rate cuts on the passenger vehicles and that means there will be no change in the price of cars and bikes.
-
Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates
The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per ...
-
Hyundai Kona Electric's Price Reduced; Now Priced At Rs. 23.71 Lakh
Hyundai has reduced the price of the Kona from Rs. 25.3 lakh to Rs. 23.71 lakh on account of the government reducing the GST rates on electric vehicles. Hyundai has received about 152 bookings in 20 days for the Kona.
-
Motor Vehicles In India To Get More Expensive As Government Proposes Hike In Registration Charges
Government's proposal comes at a time when the auto industry has been witnessing decline in sales and automakers are demanding reduction in GST rates to uplift sales.
