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The major GST reforms came into effect from September 22, the first day of Sharad Navratri. The government has announced tax cuts on several goods, including vehicles, to boost consumption across India.
Automakers and consumers are expected to benefit, particularly in light of the festive season. Many car brands have already confirmed they will pass on the full GST benefit to buyers. With Navratri and Diwali approaching, auto dealers are preparing for a significant rise in sales.
GST 2.0: Small Cars Get Cheaper
The GST on small cars has been reduced from 28% to 18%. This includes petrol cars with engines under 1200cc and diesel cars under 1500cc, both not exceeding four metres in length.
This move is likely to attract first