The 56th GST Council meeting reduced tax rates on small cars, motorcycles, three-wheelers, buses, trucks, and ambulances from 28% to 18%, with a uniform 18% rate on all auto parts.
3032 views | Date: September 4, 2025
Loading...
New Delhi- The 56th meeting of the GST Council, chaired by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman, was held in the national capital today. The Council deliberated on wide-ranging reforms to rationalize tax rates, reduce burden on the common man, and provide relief to trade and industry, while furthering the ease of doing business under the Goods and Services Tax (GST) framework.
One of the most significant highlights of the meeting was the reduction in GST rates on automobiles and auto components, a move that is expected to directly benefit millions of consumers and provide a boost to the automotive sector.