Tag: Car Prices
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Impact of GST Rate Cut on New Car Prices by Tata Motors and Mahindra
In a significant shift for the Indian automotive industry, Tata Motors and Mahindra have initiated the process of adjusting their car prices following the recent reduction in the Goods and Services Tax (GST) announced by the 56th GST Council meeting, effective from September 22. The council’s decision to lower the GST rate on small cars…