From Mahindra to Maruti Suzuki: Here’s the Full List of Cars and Bikes That Got Cheaper After GST Cut
Starting September 22, the Next Gen GST reforms announced by Finance Minister Nirmala Sitharaman have officially come into effect. The key takeaway? Buying entry-level cars and motorcycles just got a lot more affordable. Vehicles with engine capacities up to 350cc and small cars now fall under a reduced GST rate of 18%, down from the earlier 28%. This move is expected to boost sales, especially in the budget segment, where affordability is crucial. Meanwhile, high-end cars and larger bikes are now uniformly taxed at 40%, down from a complicated structure that previously pushed total taxes close to 50%. EVs, however, continue to enjoy a flat 5% tax.
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