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Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
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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.
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
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Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
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GST Council Meeting: No Revision On GST Rate For Two-Wheelers
The 41st GST or Goods and Services Tax Council meeting was held today, chaired by Finance Minister, Nirmala Sitharaman. There was no discussion on revising GST rates for two-wheelers and therefore, the current rate of 28 per cent is still applicable.
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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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India To Become Manufacturing Hub For Electric Vehicles By 2025: Government
The Government says it is trying to extend the best possible concessions to this sector, and has lowered the GST on electrical vehicles to 12 per cent
-
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.
-
Ather Announces Price Cut Of Up To Rs. 9000 On Electric Scooters Post New GST Rates
The Ather 340 and the 450 get a price reduction by up to Rs. 9000 on the on-road prices. The price drop comes with the change in the GST rates for EVs that now stands at five per cent instead of 12 per cent, applicable from August 1, 2019.
-
Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
-
TVS, Hero And Bajaj Seek GST Rate Cut On Two-Wheelers
Indian two-wheeler manufacturers seek reduction in Goods and Service Tax (GST) rate on motorcycles and scooters.
-
Honda 2Wheelers India Launches 'Honda Joy Club' Digital Customer Programme
In a bid to offer better service to customers beyond its products, Honda Motorcycle and Scooter India (HMSI) has introduced its new Honda Joy Club. The Joy Club is a digital customer loyalty programme and the first-of-its-kind for the two-wheeler industry in India. The programme is directed for both new and existing Honda two-wheeler customers, whi...
-
Vehicle Owners Can Afford To Pay For Fuel, Says Union Minister Alphons Kannanthanam
Union Minister Alphons Kannanthanam has defended Centre's decision of fuel price hike by saying that the extra tax was aimed at mobilizing resources for infrastructure projects and it is an intentional decision taken by the government.
-
Hyundai Drops Plans To Introduce Verna Mild Hybrid In India
Hyundai has dropped its plans to introduce the much anticipated Verna mild hybrid car in India due to unfavourable GST prices, which has gone up to have now gone up to 43 per cent from July 1, 2017.
-
Two Wheeler Sales July 2017: Honda, Hero, Royal Enfield, Suzuki Show Incredible Growth
Two wheeler sales in July 2017 have been positive for most manufacturers including Hero MotoCorp, Honda, TVS, Suzuki and Royal Enfield. This also marks the stabilisation of the Indian two wheeler sector that has been facing uncertainties due to BS-IV emission norms and GST impact.
-
Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
-
How GST Impacted Automobile Prices In India
Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.
-
India Revenue Secretary Says Open To 'Tinkering' Tax Rates On Automobiles
India is open to discussing a change in tax rates on automobiles, the country's revenue secretary said on Wednesday, indicating receptiveness over negotiation on a long-standing request from automakers for lower taxes.
-
Union Budget 2021: Two-Wheeler Manufacturers Looking For GST Rate Relief And EV Incentives
Finance Minister N Sitharaman is all set to present the Union Budget for FY2021-22 on February 1, 2021 and the auto industry, the two-wheeler sector in particular is looking for some support from the government for the coming year.
-
GST Council Meeting: No Revision On GST Rate For Two-Wheelers
The 41st GST or Goods and Services Tax Council meeting was held today, chaired by Finance Minister, Nirmala Sitharaman. There was no discussion on revising GST rates for two-wheelers and therefore, the current rate of 28 per cent is still applicable.
-
"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.
-
India To Become Manufacturing Hub For Electric Vehicles By 2025: Government
The Government says it is trying to extend the best possible concessions to this sector, and has lowered the GST on electrical vehicles to 12 per cent
-
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.
-
Ather Announces Price Cut Of Up To Rs. 9000 On Electric Scooters Post New GST Rates
The Ather 340 and the 450 get a price reduction by up to Rs. 9000 on the on-road prices. The price drop comes with the change in the GST rates for EVs that now stands at five per cent instead of 12 per cent, applicable from August 1, 2019.
-
Ather Energy Commences Operations In Chennai; Prices Start At Rs. 1.19 Lakh
Homegrown EV manufacturer Ather Energy has commenced its operations in Chennai, its second market after Bengaluru. The company held its first customer event last weekend in the city, and has also begun accepting pre-bookings for its electric scooters for a token amount of Rs. 5000. The Ather 450 is priced at Rs. 1.31 lakh, while the entry-level Ath...
-
TVS, Hero And Bajaj Seek GST Rate Cut On Two-Wheelers
Indian two-wheeler manufacturers seek reduction in Goods and Service Tax (GST) rate on motorcycles and scooters.
-
Honda 2Wheelers India Launches 'Honda Joy Club' Digital Customer Programme
In a bid to offer better service to customers beyond its products, Honda Motorcycle and Scooter India (HMSI) has introduced its new Honda Joy Club. The Joy Club is a digital customer loyalty programme and the first-of-its-kind for the two-wheeler industry in India. The programme is directed for both new and existing Honda two-wheeler customers, whi...
-
Vehicle Owners Can Afford To Pay For Fuel, Says Union Minister Alphons Kannanthanam
Union Minister Alphons Kannanthanam has defended Centre's decision of fuel price hike by saying that the extra tax was aimed at mobilizing resources for infrastructure projects and it is an intentional decision taken by the government.
-
Hyundai Drops Plans To Introduce Verna Mild Hybrid In India
Hyundai has dropped its plans to introduce the much anticipated Verna mild hybrid car in India due to unfavourable GST prices, which has gone up to have now gone up to 43 per cent from July 1, 2017.
-
Two Wheeler Sales July 2017: Honda, Hero, Royal Enfield, Suzuki Show Incredible Growth
Two wheeler sales in July 2017 have been positive for most manufacturers including Hero MotoCorp, Honda, TVS, Suzuki and Royal Enfield. This also marks the stabilisation of the Indian two wheeler sector that has been facing uncertainties due to BS-IV emission norms and GST impact.
