
GST Impact on Cars (Automobile Industry)
The GST impact on cars in India directly shapes vehicle affordability, with current taxes reaching up to 50% on luxury cars and SUVs. While small cars face a lower burden, the government’s proposed GST reduction on cars could simplify rates to 18% for most vehicles and 5% for EVs, offering relief to mass-market buyers. However, luxury vehicles may still attract a steep 40% slab, keeping prices high. This article analyzes the current GST on cars,








