India, Sept. 6 -- With the central government restructuring the tax slabs, the automotive industry has gotten momentary relief after a year defined by geopolitical headwinds. However, for two-wheeler manufacturers, especially those making premium, mid-size motorcycles (Bajaj, Triumph, Royal Enfield etc) , the reforms mean higher prices While the chief beneficiaries of this scheme will be makers and consumers of small, entry-level cars, there is a marginal price reduction on luxury cars as well. With the new tax slabs coming into effect on September 22, here's how the old and the new hold-up against each other.
Under the new GST regime, cars with a cubic capacity upto and below 1200cc, with length up to and under 4 metres, will now attrac...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.