Gst On Cars

CPSE bosses to travel in style as govt upgrades staff car purchase norms

The government has raised the engine cap for central public sector enterprises staff cars from 2,000 cc to 2,500 cc, allowing its executives to buy India-made vehicles under new guidelines

Maruti Suzuki cars to get cheaper under GST reform, know new prices here

Maruti Suzuki cars are set to become more affordable with the new price cuts, as per the new GST reforms. Prices on hatchbacks and compact sedans will be reduced from 22nd September 2025

PM's Diwali Dhamaka may come as GST cuts on small cars, insurance premiums

Centre mulls lowering GST on small cars to 18 per cent and slashing levies on health and life insurance

GST on old used cars only when sale price higher than depreciated value

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. The GST Council in its meeting last week decided to prescribe a single rate of 18 per cent on sale of all old and used vehicles including EVs, earlier leviable at different rates. If an individual sells old and used car to another individual, GST would not be applicable. Sources said where the registered person has claimed depreciation under Section 32 of the Income Tax Act 1961, GST is payable only on the value representing the margin of the supplier, that is the difference between consideration received for the supply of such goods and the depreciated value of such goods on the date of supply. "Where such margin is negative, no GST is payable," a source said. For example, if a registered person is selling an old and used vehicle to any person at Rs 10 lakh, whe

Nitin Gadkari wants states to pitch for GST cut on flex-fuel vehicles

Share of biofuel will be 50% of fossil fuels in five years, says minister

At up to 50%, cars in India suffer among the highest tax rates globally

Cars and two-wheelers attract 28% GST and a cess in the range of 3-22%, taking the effective tax rate to up to 50%

Auto industry may have to wait longer for GST cut on cars from 28% to 18%

Will be a political call now; state finance ministers to decide on September 20

Carmakers want 5% GST, income tax sops to push e-vehicles

Siam says full electric mobility possible by 2047

GST cess hike on cars from today: Luxury, large cars, SUVs get expensive

Auto companies may pass on impact of cess increase to buyers

Green light for 25% GST cess makes automakers see red

This cess would be over and above the peak GST rate of 28 per cent on these vehicles

No taxes please: Why GST will trigger a shift to unorganised used-car market

Prices of used cars moved up due to a 20-33% increase in tax in comparison to the pre-GST levels

GST regime: Car makers drive towards one nation, one price of vehicles

Mercedes-Benz, Volvo, Skoda become first to implement uniform prices; Maruti, Hyundai yet to do so