Bhubaneswar, Sept. 11 -- https://images.odishatv.in/uploadimage/library/16_9/16_9_0/GST_1745587679.jpg
In a landmark reform, the Government of India has rationalised GST rates across the automobile sector, aiming to make vehicles more affordable, spur domestic demand, and empower MSMEs. The move complements flagship initiatives like Make in India, the Production Linked Incentive (PLI), and the National Logistics Policy, while also supporting job creation, cleaner mobility, and export competitiveness.
Bikes up to 350cc now attract only 18% GST, down from 28%, making them more affordable for youth, farmers, gig workers, and small traders, especially in rural India. Similarly, small cars (<1200cc petrol, <1500cc diesel, under 4m length) will...