GST On Luxury Cars

Audi India has registered a 27 percent growth compared to the last year selling 4187 retail units in 2022

Toyota Kirloskar Motors halts production of Camry thanks to high GST and cess

The move adversely impacts Mahindra & Mahindra, Toyota, and luxury carmakers such as Mercedes, BMW

Automobiles was one sector that cheered the announcement of the GST rate structure

Under GST, most vehicles are taxed at 18 per cent

Under the new GST regime, cars attract the top tax rate of 28 per cent