GST 2.0 Explained | Car Prices Drop from September 22! скачать в хорошем качестве

GST 2.0 Explained | Car Prices Drop from September 22!

The newly announced GST 2.0 brings big savings for car buyers. Effective from 22nd September, revised tax rates make everything from hatchbacks to hybrids more affordable. Small Cars and Sub-4m SUVs Models like the Maruti Swift, Tata Punch, and Hyundai Grand i10 Nios powered by petrol (up to 1200cc) or diesel (up to 1500cc) now attract just 18% GST (down from 28%). The same reduced rate also applies to LPG and CNG variants, provided they meet the same engine capacity criteria. Expect an on-road price cut of 5–7%, for instance, the Tata Punch top model drops from ₹11.95 lakh to ₹10.75 lakh in Mumbai. Larger SUVs Vehicles like the Hyundai Creta and Mahindra XUV700 are now taxed at 40% GST, but without cess. The Creta sees a price cut of nearly ₹90,000, while the XUV700 saves buyers over ₹2 lakh. EVs and Hybrids EVs remain at a super-low 5% GST, making them the cheapest to own. Hybrids such as the Toyota Urban Cruiser Hyryder and Maruti Grand Vitara now fall under 18% GST, down from a hefty 43%. Final Words Whether you’re buying a compact hatchback, a rugged SUV, or even a hybrid, GST 2.0 is set to make ownership more affordable. For some buyers, it could feel like an early Diwali gift. #GST2_0 #CarPriceDrop #CarPrices #AutoNews #AckoDrive One platform, all your car needs. Buy, sell, exchange, or service your car effortlessly with ACKO Drive, and get the best value every time. https://tinyurl.com/ps2zd7ua SUBSCRIBE to Acko Drive for your daily dose of Auto & Tech: Visit us - https://ackodrive.com/ Follow us on Twitter:   / ackodrive   Like us on Instagram:   / ackodrive