Government of India slashes GST on cars, bikes, and auto parts to 18%

On September 4, during its 56th meeting, the GST Council approved comprehensive tax reforms for India’s automotive industry. Key changes include:
Small petrol, LPG, and CNG cars (≤1,200 cc, ≤4,000 mm): GST cut from 28% to 18%.Diesel cars (≤1,500 cc, ≤4,000 mm): GST cut from 28% to 18%.Motorcycles (≤350 cc) and three-....

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