Small is big: Cars with up to 1.2L engine, bikes under 350cc to cost less after GST rejig

The GST Council’s decision to reduce GST rates, effective September 22, will lead to price cuts for small cars, SUVs, and two-wheelers under 350cc. Larger vehicles will also benefit from reduced taxes, though hybrids remain unchanged. This move aims to provide relief to consumers, benefiting companies like Maruti, Hyundai, TVS, and luxury car brands, while Royal Enfield faces a disadvantage.