News
What’s in GST for car buyers?
- Date:
- May 20, 2017
- Source:
- Live Mint
Buyers of passenger vehicles in the premium segment will be key beneficiaries of the goods and services tax (GST), which will reduce the effective duty on such models. Prices of small cars will more or less remain the same as their will only be a minor hike in the duty under the GST, said consultants and tax experts. The GST Council on Thursday fitted all but six items in the 5%, 12%, 18% or 28% a…