Small Cars & Bikes Get Cheaper – GST Rate Cut Down to 18%
The Goods and Services Tax (GST) Council has announced a festive bonanza for the Indian automobile industry. The authority has revised GST rates for small cars and bikes under 350cc engine capacity. These vehicles will now fall under the 18% slab, as the earlier 28% tax rate has been abolished. Bigger cars and SUVs, and … Read more
