Car buyers are trading up after GST 2.0: Mahindra Auto CEO - Forbes India

After the latest overhaul of Goods and Services Tax (GST) slabs, many buyers are choosing better cars, not necessarily cheaper ones, feels Nalinikanth Gollagunta , CEO of Mahindra & Mahindra’s automotive division. Big cars —they form 60 percent of Mahindra's product portfolio—are now taxed at 40 percent, down from 48 percent earlier, while smaller cars face an 18 percent levy compared to 28 pe…