Wed, 23 Oct 2024 10:21:46 +0000

GST on cars in India is a tax framework that aims to streamline the automotive taxation process. Under this system, GST rates for cars typically range from 18% to 28%, with an additional luxury cess applicable to high-end vehicles. The classification of cars affects the overall tax burden, promoting transparency and reducing compliance costs for manufacturers and dealers. This unified tax system has significant implications for vehicle pricing, ultimately impacting consumers. Overall, GST on cars in India simplifies the tax landscape while enhancing government revenue.