New Delhi: Before the festive season, the central government has given a big surprise to the common people as well as the industry. Two slabs of GST have been abolished, and two slabs have been created, which will benefit everyone. The government has created two GST slabs, including 1per cent and 2 per cent. Now, 18 per cent GST will have to be paid instead of 2 per cent on buying a small car. You will have to pay more price on buying a luxury car or bike.

Prices will decrease on cheap cars and bikes. The revised GST slab rates will come into effect from the first day of Navratri, i.e. 22 September 2025. The employees are going to have a great time during the festive season, which will prove to be like a big gift. Car buyers have now stopped, because after the implementation of GST rates, there will be a fall in prices.

The price of vehicles will be lower.

As soon as the GST rates are implemented, there can be a fall in the prices of small cars. Along with this, only 18% GST can be levied on petrol, CNG and LPG vehicles with an engine up to 1200cc, and diesel cars with an engine up to 1500cc, whose length is less than 4000mm.

Anyway, earlier 28 per cent tax was levied on them. But after 22 September, it will be reduced to 18. Along with this, 40 per cent GST will be levied on vehicles above 1200cc (petrol/CNG/LPG), above 1500cc (diesel) and above 4000mm in length. This includes sedans, premium SUVs and imported cars.

The new tax on bikes will bring good news.

You will be happy to know that the tax on bikes and scooters, and mopeds with an engine up to 350cc has been reduced to 18 per cent. Earlier,r 2per centnt was levied on them. Now its benefit will be available to those who buy bikes and scooters used daily. Bikes above 35,0c, like Royal Enfield 650cc, Harley-Davidson and premium KTM models, are expected to be quite expensive. Tax on these has been increased to 40%.

Farmers get relief

Farmers of the country have also received relief from GST 2.0. Now only 5% GST can be levied on tractors and their parts like tyres, brakes, radiators and clutch. It has also been decided to reduce the tax on auto rickshaws, i.e. three-wheeler, to 18%.