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Gst Rates Auto Latest Videos

Gst Rates Auto Latest News

  • Responding to a question during a CII virtual forum, the Finance Minister said that two-wheelers are "neither a luxury nor a sin good," and would merit a rate revision.
    "Two-Wheelers Merit A GST Rate Revision," Says FM Nirmala Sitharaman
  • The government recently announced a reduction in GST rates on electric vehicles in a bid to push faster adoption of EVs, and this has prompted automakers to pass on the benefits to customers. The latest to join the cause is Tata Motors, which has announced a price reduction of Rs. 80,000 on the Tigor EV. The new GST rate for EVs stands at five per cent as opposed to the earlier 12 per cent, which has prompted the reduction in prices. The Tata Tigor EV was previously priced between Rs. 12.35-12.71 lakh, and will now be available from Rs. 11.58 lakh to Rs. 11.92 lakh (all prices, ex-showroom Mumbai).
    Tata Tigor EV Gets A Rs. 80,000 Price Reduction Under New GST Rates
  • Finance Minister Nirmala Sitharaman did not announce any relief for vehicles running on diesel and petrol in the Union Budget 2019. But a temporary reduction in GST rates is the need of the hour to boost auto industry sales says Mahindra & Mahindra - Managing Director, Dr. Pawan Goenka. Speaking to journalists post the Union Budget 2019 announcement on Friday, Dr. Goenka welcomed the incentives for electric vehicles but also stated that a temporary boost was necessary to promote growth in the auto sector.
    Temporary Reduction In GST Rates Needed To Boost Auto Industry: Dr. Goenka, MD, Mahindra
  • The Ministry Of Road Transport has brought about a whole range of proposals to increase the adoption of electric vehicles in India. These include the proposal of scrapping permits to run commercial electric vehicles, allowing youth between the ages of 16-18 to ride electric scooters without a license and preferential parking for electric cars in certain areas. Another proposal that will help boost the adoption of electric cars by lowering cost of the batteries that go into the electric cars. The current GST rate on these batteries is 28 per cent but according to these proposals, the GST rates could be corrected and dropped down to 12 per cent - the same as the GST on electric cars.
    GST On Electric Car Batteries Could Come Down Drastically
  • The price reduction on the KTM 200 Duke and RC, and 250 Duke is up to Rs. 8600 post GST, while the price hike on the 390 Duke and RC is up to Rs. 5900. Pan India though, prices of the KTM RC 390 and Duke have reduced in certain states, where the pre-GST taxes were higher.
    GST Effect: New KTM India Prices Announced; 390 Duke & RC Prices Hiked

Reviews

  • Hyundai will be launching the updated version of the i20 as well. We've caught the facelifted i20 testing for a while now and the price of the car will be announced at the Auto Expo 2018.
    Auto Expo 2018: Hyundai To Launch i20 Facelift
  • CarPlay by Apple has already made its debut in the Volvo XC90 and we were wondering about Android Auto. Well, it's here too. Hyundai announced that the 2015 Sonata will be the first production car to come equipped with Android Auto.
    2015 Hyundai Sonata is the First Car to be Equipped With Android Auto
  • Carmakers in the country believe the reduction in interest rates announced by State Bank of India (SBI) and HDFC Bank is not enough to help in increasing sales. A consortium led by Maruti Suzuki India said the complete benefits of RBI's rate cuts should be passed on.
    Carmakers: Interest Rates on Car Loans Should be Reduced Further
  • The most significant debut at New York is undoubtedly the Jaguar XF. The second-generation sedan is shorter and in height and length over the previous car, and yet has an enhanced wheelbase and greater cabin room.
    Top Picks From 2015 New York Auto Show
  • Skoda Auto India has undertaken an exercise to give similar appearance to all outlets of its dealers across the country, a top official said. The company sells mid-size sedan Rapid, premium sedan Octavia, luxury sedan Superb and premium SUV Yeti in the Indian market. It has 76 dealers across the country.
    Skoda Auto to Revamp Dealer Outlets Throughout India