According to the automaker, ICE (Internal Combustion Engine) models like the XUV3XO (Diesel) see the most substantial savings, with a benefit of up to Rs 1.56 lakh, as the GST rate drops from 31 per cent to 18 per cent.
Union Minister of Commerce and Industry Piyush Goyal has assured that the benefits of the reduction in Goods and Services Tax (GST) rates will be fully passed on to the common man, with industries across all sectors committing to implement the reforms in letter and spirit.
New Delhi [India], Aug 24 (ANI): The Finance Ministry on Monday recounted several achievements of former Finance Minister Arun Jaitley who heralded the Goods and Services Tax (GST) and passed away a year ago.
New Delhi [India], Nov 22 (ANI): The Goods and Services Tax (GST) Council in its 23rd meeting held on November 10 had announced that meals at restaurants, both air-conditioned and non-air-conditioned will now attract only five percent GST, which is much lower than 18 percent that had earlier
New Delhi [India], July 5 (ANI): Against the backdrop of the rollout of the Goods and Services Tax (GST), Tata Motors on Wednesday announced a price reduction by up to 12 percent, aiming to pass on all the benefits of the new tax regime to its customers.
New Delhi [India], July 1 (ANI): Maruti Suzuki India on Saturday announced Goods and Services Tax (GST) benefits on the ex-showroom prices of their models by offering upto three percent cut on its vehicles segment.
New Delhi [India] Mar. 30 (ANI): With the Lok Sabha passing the Goods and Services Tax (GST) Bill yesterday, the Nationalist Congress Party (NCP) on Thursday said that it will see if the Bill benefits the rural and middle class sections of the society as they do not want public to suffer.