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GST IMPACT ON VEHICLE SALES
Not-so smooth ride: Auto industry faces cost squeeze as steel, freight prices surge, more hikes likelyThe Indian automobile industry is currently grappling with rising input and freight costs due to geopolitical uncertainties. Prices of key ...
Auto companies ride on a low base to deliver robust 22% sales in SeptemberCar sales in India saw a 22% increase in September due to dealers stocking up for festivals and strong demand. Two-wheelers and three-wheel...
‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
India passenger vehicle sales rise 22% to 4.54 lakh units in September: SIAMSeptember 2026 marked a pivotal month for India's automotive sector, with car sales climbing by 22%, reflecting strong consumer interest. A...
Toyota to add annual capacity of 100,000 units at Karnataka plant from early 2027Toyota Motor aims to enhance production capacity at its Bidadi facility to accommodate increasing demand for the Innova Hycross. The compan...
GST reforms aim to boost compliance by removing fear, widening tax baseRate rationalisation showed that a lower rate yields more revenue as the base widens, and process reforms rest on the same principle. A bus...
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek ChaturvediVivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, va...
Bigger car loans, longer tenures face rate-hike testIndian car buyers are increasingly taking out larger and longer loans to purchase higher-priced vehicles. This trend emerges as borrowing c...
GST officers will soon be allowed to stop vehicles for inspection only at origin & destination statesNew regulations will allow GST officers to halt vehicles carrying high-value goods only at their origin and destination. Prior authorizatio...
India's festive car-buying joyride may hit price hike bumpAutomakers are preparing for a festive season with elevated inventories and new models, aiming to boost sales. However, rising vehicle pric...
A paid Rs 1,64,900 upfront for iPhone 18 Pro, B chose credit card EMI, C picked no-cost EMI in festive sales – Who saved most after discounts?The biggest misconception about no-cost EMI is that the bank doesn't charge any interest. In a no-cost EMI, the seller readjusts the intere...
India's GST Revolution: How India’s biggest indirect tax reform changed its economy and its way of doing businessIndia's GST Revolution: GST has transformed India's indirect taxation system, eliminating many previous levies to streamline compliance and...
GST 2.0: From stuck tax credit to fewer disputes, industry chambers list key reform demandsGST 2.0 reforms: Industry chambers are calling for reforms to GST 2.0 during the upcoming GST Council meeting. They seek improvements in in...
GST Council meet starts with focus on ease of doing business, ITC overhaul and decriminalisation on agendaThe 57th GST Council meeting is set to consider major GST 2.0 reforms, including wider input tax credit eligibility, protection for genuine...
India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
Vehicle registrations up 32% on-year in SeptemberAs per data collated by Federation of Automotive Dealers’ Associations (FADA), passenger vehicles, two-wheelers and commercial vehicles ret...
Two-wheelers, EVs power September auto sales as festive demand picks upIndia’s two-wheeler market saw record sales in September, boosted by festive consumer buying trends. Two-wheeler sales rose 33.08% year-on-...
India luxury car sales rise in double digits; Mercedes-Benz sales grow 8% to record 15,190 unitsThe luxury vehicle market in India showcased a striking uptick in sales for 2026, reflecting a robust appetite for high-end automobiles. Me...
Auto sales surge in September, but GST base clouds the picture. Can stocks rebound ahead of Q2 results?India’s auto sector delivered a mixed September, with strong passenger- and commercial-vehicle sales offset by weak tractor and domestic tw...
Auto makers post strong sales ahead of festive seasonIn September, automotive sales in India showed remarkable growth due to increased demand following the GST rate cuts. Maruti Suzuki led the...