The GST Council has approved big changes to tax rates for vehicles and auto parts. This decision was made in their 56th meeting led by the Union Finance Minister. The new rates will make vehicles cheaper and help the transport sector.
New Delhi, 12 Sep 2025
The GST Council has approved big changes to tax rates for vehicles and auto parts. This decision was made in their 56th meeting led by the Union Finance Minister. The new rates will make vehicles cheaper and help the transport sector.
Tax cuts for many types of vehicles
The tax cuts will apply to two-wheelers, cars, tractors, buses, and trucks. Auto parts will also have lower taxes. This will make vehicles cost less money. It will help people in cities and villages buy more vehicles. The changes will also help small companies that make auto parts. More jobs may be created because of this. The tax cuts will apply to two-wheelers, cars, tractors, buses, and trucks. Auto parts will also have lower taxes. This will make vehicles cost less money. It will help people in cities and villages buy more vehicles. The changes will also help small companies that make auto parts. More jobs may be created because of this. The GST Council, chaired by the Union Finance & Corporate Affairs Minister, approved a major rationalisation of GST rates for the road transport and automobile sector in its…
Benefits for transport and manufacturing
The new tax rates will make it easier and cheaper to move goods around. This will help transport companies save money. The changes will also help make more vehicles in India. This supports government plans like Make in India. Farmers will benefit from cheaper tractors. The new rules will make it simpler for companies to follow tax laws. The new tax rates will make it easier and cheaper to move goods around. This will help transport companies save money. The changes will also help make more vehicles in India. This supports government plans like Make in India. Farmers will benefit from cheaper tractors. The new rules will make it simpler for companies to follow tax laws. The GST Council, chaired by the Union Finance & Corporate Affairs Minister, approved a major rationalisation of GST rates for the road transport and…
The new GST rates for vehicles and auto parts will come into effect soon. Follow The Rising News for more verified updates.
Updated 12 Sep 2025, 13:31 IST; source: link
