SIAM is the Apex National Body representing Indian Automobile Industry

GST

India has adopted Goods & Services Tax (GST) from July 1, 2017. The rates applicable for vehicles is provided below:

 

Tax Type

Tax Rate

GST

 

 

 

Vehicle Category

GST Rate

Passenger Vehicles (Petrol, Diesel, CNG, Electric Hybrid)/Commercial Vehicles/Three-wheelers/Two-wheelers)

28%

Electric Vehicles

12%

Compensation Cess

 

Vehicle Category

Cess

Applied Duty

Passenger vehicles (petrol, CNG, LPG) <4m in length and <1200cc engine

1%

29%

Passenger vehicles (diesel) <4m in length and <1500cc engine

3%

31%

Mid-size PVs (>4m in length with <1501cc engine)

17%

45%

Large PVs (>4m in length with >1500cc engine)

20%

48%

SUVs (>4m in length with >>1500cc engine & >169mm ground clearance)

22%

50%

Hybrid vehicles (except small)

15% 43%

>350cc two-wheelers

3% 31%

10 – 13 seater public transport vehicles

15% 43%