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Searched Tag: gst reforms for cars

The GST reform announcement by the Centre was hailed by the industry, businesses and common people in hopes of lower taxes on everyday essentials as well as electronics, automobiles, and other segments

Luxury carmakers await GST rate clarity to speed-up festive sales

August 31, 2025, 06:37 PM - 4 min read

The country’s luxury car segment, which relies heavily on festive season purchases, is awaiting clarity by the GST Council on the GST 2.0 rollout as prospective buyers adopt a wait-and-watch stance

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Steady model launches by Original Equioment Makers (OEMs) and incoming GST rate cuts may push domestic passenger sales this fiscal, said ratings agency ICRA on Friday

Passenger vehicle sales may jump 1-4 pc this fiscal: ICRA

August 30, 2025, 12:21 PM - 2 min read

The domestic passenger vehicle industry, which was languishing from low sales this fiscal, may have received a shot in the arm with the government’s GST reform plan, opine experts

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