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Bad News for Bike Lovers 🤯
Автор: TrueUpdates
Загружено: 2025-08-28
Просмотров: 18756
Описание: The GST Council is reviewing a tax reform that streamlines slabs into two core rates (5% and 18%) plus a selective luxury/sin category at 40%. In this structure, motorcycles with engine sizes exceeding 350 cc are expected to fall under the 40% GST bracket—jumping from the current ~31% rate. Conversely, sub-350 cc bikes and cars could be moved to an 18% slab, boosting affordability for mass-market models. Decision-making is pending at the upcoming GST Council meeting scheduled for early September.
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