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GST rate on all electric vehicles reduced from 12% to 5%

GST rate on all electric vehicles reduced from 12% to 5%

Jul 27 2019

The government has announced the reduction of Goods and Services Tax (GST) rate on all electric vehicles from 12% to 5%. The GST rate on charger or charging stations for Electric vehicles is also reduced from 18% to...

Auto industry leaders critical of intermittent regulatory uncertainties

Auto industry leaders critical of intermittent regulatory uncertainties

Sep 07 2017

Several auto industry leaders blasted the Indian government for intermittent regulatory uncertainties and urged the government to come out with clear and firm policy guidelines.

Increase in GST cess on luxury cars will reverse positive momentum, says Mercedes

Increase in GST cess on luxury cars will reverse positive momentum, says Mercedes

Aug 07 2017

Mercedes-Benz India has categorically stated that the decision of the Goods and Services Tax Council to raise the cess on luxury cars from the current level of 15pc to 25pc will be a strong deterrent to the growth o...

Experts welcome GST rates, but baffled on rates for hybrids, small cars

Experts welcome GST rates, but baffled on rates for hybrids, small cars

May 19 2017

Beginning with the Society of Indian Automobile Manufacturers (SIAM), several experts and bodies have welcomed the Goods and Services Tax (GST) rates on automobiles in the country. The 14th Goods and Services Tax (G...

Automotive industry grins and bears it, as usual

Automotive industry grins and bears it, as usual

Feb 29 2016

As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...

Constitution Amendment Bill on GST tabled in Lok Sabha

Constitution Amendment Bill on GST tabled in Lok Sabha

Dec 19 2014

After the Union Cabinet approved the proposal for introduction of a Bill in the Parliament for amending the Constitution of India to facilitate the introduction of Goods and Services Tax (GST) in the country on Dece...

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