Business Standard

Tax On Car Manufacturers

Maruti Suzuki blames high taxes for low car ownership in the country

Car-industry growth in India has slowed to 3% from 12% in the past twelve years, partly due to poor government policies, Bhargava said

Maruti Suzuki blames high taxes for low car ownership in the country
Updated On : 20 Dec 2022 | 9:36 AM IST

High taxes creating affordability issue for aspiring car owners: MSI

Passenger vehicles currently attract top GST rate of 28% with cess ranging from 1% on those less than four metres in length with petrol engine to 22% on big SUVs longer than four metres

High taxes creating affordability issue for aspiring car owners: MSI
Updated On : 04 Aug 2020 | 10:21 PM IST

Mahindra & Mahindra's XUV300 tops Global NCAP's 6-year safety rankings

GNCAP has completed safety assessments on more than 38 vehicles so far from 2014, and the XUV300 scored the highest safety rating among all the models tested, the company said in a release

Mahindra & Mahindra's XUV300 tops Global NCAP's 6-year safety rankings
Updated On : 14 Jul 2020 | 8:21 PM IST

Europe car sales dip 55% in March on virus lockdown, worse than 2008 crisis

The European carmaker's association, ACEA, said Friday that new car registrations ''recorded a dramatic drop'' of 55% to 567,308 units

Europe car sales dip 55% in March on virus lockdown, worse than 2008 crisis
Updated On : 17 Apr 2020 | 2:11 PM IST

GST: How a recent CBIC clarification makes life easy for businesses

This clarification would act as a guide for this vexed issue and also aid in bringing uniformity in the tax position adopted by various industry players

GST: How a recent CBIC clarification makes life easy for businesses
Updated On : 24 Jun 2018 | 9:03 PM IST