New Delhi, Dec. 10 -- The reduction in Goods and Services Tax (GST) on automobiles and transportation equipment has led to a significant increase in domestic vehicle sales, according to a statement by Minister of Heavy Industries, H.D. Kumaraswamy, in the Lok Sabha.
Surge in Vehicle Sales
Data from the Vahan portal shows that total vehicle sales in October 2025 rose to 40,55,559 units, marking a 41.3 percent increase compared to 28,70,120 units sold in October 2024.
GST Rationalisation and Price Reduction
The GST on small passenger vehicles, three-wheelers, motorbikes up to 350 cubic capacities, commercial vehicles, and automobile parts has been rationalised from 28 percent to 18 percent. This reduction has lowered vehicle prices, lea...
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