GST Push Turns Festive Season Into 'Car Festival'
The rollout of the new Goods and Services Tax (GST) regime has triggered a sharp rise in car sales across India, especially during the ongoing festive season. With tax rates on entry-level cars dropping from 28% to 18%, and SUVs/luxury vehicles seeing a 5% cut, consumers are flocking to showrooms. At a Kia showroom in Chennai, sales have reportedly doubled overnight. Dealers report record inquiries, mass bookings, and deliveries, turning this festive period into an unexpected 'car festival'.
