GST 2.0 On Large-Size & Utility Vehicles | 40% Flat GST Applicable on These Vehicles
Edited By WION Video Desk
Published: Sep 22, 2025, 14:51 IST | Updated: Sep 22, 2025, 14:51 IST
Under GST 2.0, a flat 40% Goods and Services Tax is now applicable on large-size and utility vehicles. The move aims to simplify taxation and boost revenue, but could impact prices in the SUV and commercial vehicle segments.
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