Implementation of GST was to create single unified large market with simplified tax structure for auto industry. However the recent rolling back to multiple rates with Pre GST classification has come as a set back […]
Bangalore, 1st July, 2017: Toyota Kirloskar Motor revises prices reducing it upto 13% effective from July 1st 2017. This development is prompted by the GST implementation and we would like to pass on the benefits […]
Roland Folger, Managing Director & CEO, MB India: “Mercedes-Benz India was the first luxury car maker which has been passing to the consumers, the direct GST benefits since 26th May. We are looking forward to this […]
Jaguar Land Rover estimates price reduction of up to 12% for locally manufactured name-plates The price reduction will vary from state to state on model-wise basis Benefits equivalent to expected price reduction will be passed […]
The recently finalised Goods and Services Taxes (GST) for the tractor industry is largely in line with expectations and the overall tax incidence for the industry remains neutral. While tractors are exempt from excise duty, […]
Overall benefits sum upto 12 percent on ex-showroom prices (GST benefits plus additional benefits) depending on choice of model. Additional benefits (in addition to GST benefits) on select models include • Reduced Rate of Interest […]
Compensates for difference between current and post GST ex-showroom prices for its entire Made in India model range With the new GST rates for luxury cars, Mercedes-Benz India is the first luxury car maker […]
Preponed GST benefits. Limited period offer. In addition to GST benefits, Reduced Rate of Interest – 7.90%, Complimentary 3 years’ Service and Maintenance, Complimentary 1 year Insurance and Assured Buyback up to 4 years. Gurugram. […]
ELECTRIC VEHICLE INDUSTRY RESENTS 12 PERCENT GST “0-5 percent GST tax slab ideal for EV Industry”- Aysush Lohia Sates such as Rajasthan & Uttrakhand already have 0 percent VAT, 12 percent GST will adversely […]
Prices of small cars likely to increase marginally post GST The GST Council in its 14th meeting held yesterday finalized the GST across all categories of goods including automobiles. In line with expectations, the base GST […]
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