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New GST 2.0 Prices For Cars and Bikes Live Updates
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India Latest News, Breaking News Today, Top News Headlines | Times Now
New GST 2.0 Prices For Cars and Bikes Live Updates: India’s revised Goods and Services Tax (GST) structure, known as GST 2.0, took effect nationwide on September 22, coinciding with the first day of Navratri.
The updated rates now apply to all cars, SUVs, motorcycles, and scooters, triggering widespread changes in automotive prices.
Mixed Impact on Two-WheelersMotorcycles and scooters up to 350 cc now attract an 18% GST rate instead of 28%, cutting prices for mass-market models.
Electric Vehicles Stay at 5% GSTThe tax rate on electric vehicles remains unchanged at 5%.
While EV prices stay stable, lower petrol and diesel vehicle costs may increase the price gap between conventional and electric models.
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