GST Archives

Govt May Reduce GST on Automobiles; Bike & Car Prices Could Go Down

According to a recent report by TOI, Nirmala Sitharaman, the finance minister of India indicated that the government may cut the GST imposed on the cars and bikes. Presently, the…

Petrol & Diesel Won’t Be Included Under GST [Quick Report]

The most awaited decision of putting petrol and diesel under the GST slab may not be implemented anytime soon in India. The report comes after both central and state govt…

Diesel Cars to Get Expensive, 2 Percent Tax Hike Proposed by Ministry of Road Transport

2 Percent Tax Hike on Diesel Cars: Ministry of Road Transport and Highways has proposed 2% increase in GST over cars carrying diesel engines. This will result in increase of…

Big Drop in GST on Used Cars in India

GST on used cars has been reduced significantly to just 12-18%. Before this recent update, the slabs varied between 29-54.7%. The changes are valid from 25 January 2018 while these…

GST Cess on Luxury Cars & SUVs Increased from 15% to 25%, Applicable from January 1, 2018

GST Cess on Luxury Cars & SUVs Increased! A recent bill passed in the Lok Sabha replaced the ordinance issued around September 2017 regarding the cess on base 28% GST…

GST Rates Revised on Cars & SUVs, Cess Hiked, Old vs New GST Rate

A recent amendment in GST slabs for automobiles brought increase in the overall values for mid size, luxury and SUV segments. As expected, the GST for sub 4 meter petrol…

GST Effect: RTO Charges | Car & Bike Insurance

Implementation of GST has brought a considerable change in on-road pricing of various vehicles. The huge drop was limited to certain states only as cars in Delhi saw a little…

Octroi Abolished in Maharashtra | Road Tax Hiked by 2%

Maharashtra witnessed a 2% hike in one time road tax on registration of private cars and 2-wheelers in the state. The move came right after the implementation of GST and…

What is GST? Effect of GST on Prices | All You Need to Know

GST stands for Goods and Service Tax. The new tax structure will soon be implemented in order to get away from complicated taxation at different levels of products manufacturing and…

Effect of GST on Gold Prices in India

Goods and Service tax is just few hours away from implementation. Most of us are wandering about the changes that will come with this new tax structure. GST will bring…