Indian Govt. Reduced GST Tax from Two-wheelers

Published by Vivek kumar on

Indian Govt Reduced GST Tax on Two Wheelers

Reduced GST Tax for Two-wheeler may give some relief

The Indian government is going to take an impressive action for the prices of Two-wheelers in India. Recently the statement is released from the ministry of finance that the govt. Is planning for the reduction in GST tax. On Two-wheelers. The finance minister Shri Nirmala sitharaman has stated that the automotive industry is going down as compared to the previous year.



Indian Govt Reduced GST Tax on Two Wheelers
Indian Govt Reduced GST Taxon Two Wheelers

The sales are highly affected. This cutting of tax. Will be a good step to give a sport to the Indian Automobile industry. India is a market where the prices of a product are matters a lot for their sales. Reduced prices can be helpful to increase sales.

The current tax. Figure is 28% in two-wheeler. The govt. Decided to make it 18% that means the prices of Two-wheelers will be approximately 8,000-10,000 less than the current price.

The corona pandemic situation directly affected everyone financially. The cost-cutting can be helpful to encourage them to buy a new two-wheeler.

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Vivek kumar

Hi, my name is Vivek Kumar And I Do My Bachelor of Automobile Engineering from Chandigarh university. Fortunately, I get a chance to learn about blogging apart from my studies. Then I made my mind to contribute my knowledge about automobile industry at I love to ride bikes and get Knowledge about it. I as an automotive enthusiast loves to explore more and more about the latest upcoming technologies in the automobile industry Feel Free to contact me. FACEBOOK Email -