GST influence: Total list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all puny cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Three.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The thickest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the fattest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Trio percent compared to 55.Three percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Rendezvous With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines thicker than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
However hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price leap on hybrids will be the maximum compared to around 30.Trio percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Total list of cars, bikes that will become cheaper from July one
GST influence: Total list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all petite cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent smacked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Trio.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The thickest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after individual vehicles, will see the fattest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Trio percent compared to 55.Three percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Date With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines fatter than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
However hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price hop on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Utter list of cars, bikes that will become cheaper from July one
GST influence: Total list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all puny cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Trio.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The thickest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the largest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Three percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Appointment With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines fatter than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
However hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price leap on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Total list of cars, bikes that will become cheaper from July one
GST influence: Utter list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all petite cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Three.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The thickest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the fattest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Three percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Date With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines fatter than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
However hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price hop on hybrids will be the maximum compared to around 30.Trio percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Utter list of cars, bikes that will become cheaper from July one
GST influence: Total list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all petite cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Three.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The fattest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the thickest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Three percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Meeting With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines thicker than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
Tho’ hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price hop on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Utter list of cars, bikes that will become cheaper from July one
GST influence: Utter list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all petite cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Trio.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The fattest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the largest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Trio percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Date With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines thicker than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
Tho’ hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price leap on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Total list of cars, bikes that will become cheaper from July one
GST influence: Utter list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all puny cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Three.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The thickest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after individual vehicles, will see the largest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Three percent compared to 55.Three percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Meeting With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines fatter than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
Tho’ hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price leap on hybrids will be the maximum compared to around 30.Trio percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Total list of cars, bikes that will become cheaper from July one
GST influence: Utter list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all petite cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Three.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The fattest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the fattest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Three percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Meeting With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines thicker than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
Tho’ hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price hop on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.
GST influence: Utter list of cars, bikes that will become cheaper from July one
GST influence: Utter list of cars, bikes that will become cheaper from July 1
Buying cars and two-wheelers will be a much cheaper affair from tomorrow as Goods and Services Tax (GST) will ring in a lower tax than all the taxes applied before.
Prices of all puny cars in the same bracket as Alto, Swift, Dzire, i20 Elite, to name a few, will see a minimum drop of Rs 6,500 going up to at least 15,000. This is because after July 1, the GST rate will be twenty nine percent from the current 31.Four percent spanked on such cars.
Mid-size cars will be even cheaper as their rates from tomorrow will be down by Trio.6 percent. Sedans like Honda City, Hyundai Verna, Maruti Ciaz and Volkswagen Vento will see a minimum price cut of Rs 30,000.
The fattest beneficiary of the GST roll-out will be luxury cars. Mercedes-Benz, BMW, Audi and Jaguar Land Rover have announced price cuts in the Rs 1.25 lakh going up to Rs seven lakh as the rate reduction on them is a whopping 8.8 percent.
Sports utility vehicles, the most sought-after private vehicles, will see the thickest drop in prices. Under GST, SUVs are charged at forty three percent, a reduction of 12.Trio percent compared to 55.Trio percent charged presently.
GST is subsuming a total of five taxes and levies — excise, NCCD, infra cess, CST and VAT — which is bringing down the final effective tax rate in almost all the cases. These charges make up the ex-showroom price of a vehicle.
Value added tax (VAT) differs from state to state and, therefore, the price of the vehicle will not remain uniform across the country.
Another Rendezvous With Fate! How GST Will Switch Your Life After July 1
Other charges like road tax, registration cost, insurance and perhaps logistics charges are not subsumed in GST and will not be affected. These charges make up the final on-road price the buyer has to pay to the dealer.
As far as prices of bikes and scooters are worried they will witness a minimum fall of Rs 1,000 going up to Rs Five,000. All two-wheelers with engines of less than 350cc will see the reduction of Two.Two percent. However, those with engines fatter than that will see a price rise of 0.8 percent or a minimum of Rs 1,000.
However hybrids are not so popular in India primarily because of their high price tags they will become even more expensive under GST. At forty three percent the price leap on hybrids will be the maximum compared to around 30.Three percent at present.
Buses with passenger capacity of 10-13 will also see their price going up by almost thirteen percent. However, commercial vehicles will see a price reduction of almost two percent and that of three-wheelers by one percent.