New GST Rates for Vehicles in India
Heads up, car buyers! 🚗
There's an update on the GST rates for certain vehicles. For mid-size and large cars, which are those with an engine over 1500cc or a length over 4000mm, the GST rate is 40%.
And for Utility Vehicles (including SUVs, MUVs, and MPVs) that have an engine capacity exceeding 1500cc, length over 4000mm, and a ground clearance of 170mm or more, the GST rate is also 40%, with no additional cess.
This is a key detail to keep in mind if you're planning to purchase a new vehicle.
#GST#India#Cars#GSTUpdate#UtilityVehicles#SUVs
📊 M&M total sales up 16% in December 2024 📊
Mahindra & Mahindra sold 69,768 vehicles in December, marking a 16% growth, including exports.
In Utility Vehicles, domestic sales grew 18%, with 41,424 vehicles sold; total sales, including exports, reached 42,958.
Domestic Commercial Vehicle sales stood at 19,502.
#MM#SalesGrowth#AutomotiveSuccess#UtilityVehicles#CommercialVehicles#Exports#Mahindra
Alke' #utilityvehicles are specifically designed for all the applications where reliability, manufacturing quality and functional design are a priority. These electric utility vehicles are the result of years of experience and tests on this field.
➡ alke.com/utility-vehicles