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HYBRID CARS GST
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- GST Council revises tax slabs for automobiles: Small vehicles get relief while SUVs face higher levyThe GST Council has announced a restructuring of tax rates for the automobile sector, effective September 22, 2025. Mass mobility vehicles ...
- GST 2.0: Personal care, electronics and hybrid cars could see up to 10-point tax reductionPrime Minister Narendra Modi's planned GST cuts are poised to alleviate financial burdens on consumers and stimulate sales of everyday esse...
- EV race: Are hybrid vehicles getting in the faster lane?The Indian car industry is at a crossroads in its journey towards an all-electric future, with the possibility of a hybrid transition. Utta...
- Bad news for hybrid car buyers, good for EV sector: GST Council may not give tax relief for hybrid cars in next meetingThe govt may not discuss tax concessions for hybrid cars in the next GST Council meeting, affecting companies like Maruti Suzuki and benefi...
- Suzuki making smaller hybrid cars for India with much better mileage: Maruti chairmanJapanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, Maruti Suzuki Chair...
- Hybrid cars surpass electric vehicle sales in India's auto marketNew car buyers are taking a penchant for the handful of hybrid vehicles currently on sale in Indian market such as Maruti Suzuki Grand Vita...
- Making it Electric: BS Yediyurappa writes to FM to withdraw GST Cess on hybrid carsThe chief minister in his letter has highlighted the importance of transition to electric mobility through local manufacturing in the backd...
- Maruti seeks tax relief for hybrid, CNG carsHybrid cars should be given duty cut. They're 30% more efficient & will help reduce oil imports, Bhargava said.
- Union Budget 2018: Luxury carmakers hope for incentivising hybrids, lower GSTThe carmakers feel a lower Goods & Service Tax (GST) and upper cap on income tax will help create demand for luxury cars.
- Steep GST, cess drive Toyota Camry hybrid out of productionSales dropped precipitously after the price surged on imposition of 28% GST plus the 15% cess for luxury cars.
- Reduction in tax rate on the highly priced premium cars was unexpected: Satya Poddar, EY"The passage of the increase in the tax rates for the GST is very simple. It requires only simple majority in parliament and that should no...
- Next GST Council meet may review rates on textiles, hybrid cars: CBECThe conference was jointly organised by CBEC and industry body Federation of Indian Chambers of Commerce and Industry (FICCI).
- For Volvo, GST is business enabler: Tom Von Bonsdorff, MD, Volvo"We are quite confident that we will go to about 2,000 cars this year and further grow for the next few years. Of course, we have to work h...
- Transport buses to attract 15% cess over GST, to cost moreAs per the latest Finance Ministry notification, motor vehicles for the transport of 10 or more persons, including the driver, will attract...
- Hybrid models set to pinch your pockets in GST regimeAs per new GST rates, the cumulative duty on hybrid cars went up to 43% against the approximate 30% (cumulative) duty mandated in the curre...
- Anant Geete to take up lowering of GST rate on hybrid vehicles with Arun JaitleyThe GST Council has fixed 43 per cent tax (28 per cent GST plus 15 per cent cess) on hybrid cars, a rate that the automobile industry feels...
- Arun Jaitley hints at no review of GST rate on hybrid carsThe automakers had asked to reduce the tax rate on hybrid vehicles to 18 per cent, arguing that they are much more efficient and eco- frien...
- Will urge FM to bring down GST rates for hybrid vehicles: Transport Minister Nitin GadkariUnder the GST rates announced last week, hybrid cars, which are considered eco-friendly, are slated to attract a 15 per cent cess over a ra...
- Big hybrid cars to be costlier post GST: Hasmukh AdhiaThe 15% cess will apply to both hybrid as well as non-hybrid big cars
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