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Tag: GST update September 2025
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GST Cuts on ACs, TVs, Fridges & Washing Machines – Big Savings for Buyers
The Indian government has recently revamped the Goods and Services Tax (GST) structure, bringing major relief for households and middle-class consumers. With the revised GST rates, air conditioners, refrigerators, washing machines, and televisions have become more affordable, giving a big push to consumer spending just ahead of the festive season. This move is expected to…
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GST Revamp 2025: Small Cars and Bikes Get Cheaper — Is EV Growth at Risk?
India’s GST overhaul, effective 22 September 2025, introduces a simplified two-slab structure (5% and 18%) plus a 40% on luxury/sin goods. This restructuring offers strong discounts on mass-market vehicles but raises questions about the future of the electric mobility push. GST Rate Changes: How Vehicles Are Affected Vehicle Type Previous GST (incl. cess) New GST…