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Small is big: Cars with up to 1.2L engine, bikes under 350cc to cost less after GST rejig

IndiaTimes Thursday, 4 September 2025 ()
The GST Council's decision to reduce GST rates, effective September 22, will lead to price cuts for small cars, SUVs, and two-wheelers under 350cc. Larger vehicles will also benefit from reduced taxes, though hybrids remain unchanged. This move aims to provide relief to consumers, benefiting companies like Maruti, Hyundai, TVS, and luxury car brands, while Royal Enfield faces a disadvantage.
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Video Credit: Oneindia - Published
News video: FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22

FM Nirmala Sitharaman Announces Major GST Overhaul: What Changes for You on September 22 18:22

India is set for a major GST overhaul starting September 22, as Finance Minister Nirmala Sitharaman announced a new two-tier GST rate structure of 5% and 18%. From soaps to small cars, several common-use items will see revised prices. Sitharaman said the move is part of a broader “structural...

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Royal Enfield Royal Enfield Indian motorcycle manufacturing company


Maruti Suzuki Indian automobile manufacturer company


Hyundai Motor Company Hyundai Motor Company South Korean multinational automaker

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