News

TaxGuru
taxguru.in > goods-and-service-tax > taxation-luxury-cars-india-high-gst-policy-tool-punitive-taxation.html

Taxation on Luxury Cars in India: Is High GST a Policy Tool or Punitive Taxation?

1+ mon, 1+ week ago  (939+ words) This raises a critical policy question: Is the high GST on luxury cars a legitimate fiscal tool grounded in principles of taxation, or does it amount to punitive taxation? To answer this, one must examine the issue through the lens…...

TaxGuru
taxguru.in > custom-duty > classification-ruling-ev-parts-denied-15-percent-customs-benefit-caar-delhi.html

No Classification Ruling; EV Parts Denied 15% Customs Benefit: CAAR Delhi

1+ mon, 3+ week ago  (139+ words) It was held that EV components imported separately and requiring substantial manufacturing in India cannot be treated as vehicle kits. The ruling denied eligibility for concessional customs duty on such imports.... In re VinFast Auto India Private Limited (CAAR Delhi)…...

TaxGuru
taxguru.in > custom-duty > arm-blade-assembly-classifiable-parts-due-absence-motor-cestat-chennai.html

Arm & Blade Assembly Classifiable as Parts Due to Absence of Motor: CESTAT Chennai

2+ mon, 1+ week ago  (134+ words) The Tribunal examined whether arm and blade assemblies could be treated as complete windscreen wipers. It held that without a motor, the goods are only parts and cannot be reclassified as complete articles.... Mitsuba Sical India Pvt. Ltd. Vs Commissioner…...

taxguru.in
taxguru.in > custom-duty > electric-motor-parts-classifiable-auto-parts-due-chapter-85-exclusion-caar-mumbai.html

Electric Motor Parts Not Classifiable as Auto Parts Due to Chapter 85 Exclusion: CAAR Mumbai

3+ mon, 1+ week ago  (304+ words) The Customs Authority for Advance Rulings (CAAR), Mumbai, issued an advance ruling dated 23 December 2025 on an application filed under Section 28H of the Customs Act, 1962, seeking determination of the customs classification of various imported components of an electric motor (cMotor) used…...

TaxGuru
taxguru.in > finance > how-honda-hero-and-tvs-are-adapting-to-two-wheeler-ev-revolution.html

How Honda, Hero and TVS Are Adapting to Two-Wheeler EV Revolution

5+ mon, 3+ week ago  (654+ words) How India's Top Two-Wheeler Brands Are Driving the EV Future? Here are the seven factors through which the key two-wheeler manufacturers are adapting to the EV revolution. Honda has recently announced its plan to set up an electric two-wheeler manufacturing…...

TaxGuru
taxguru.in > finance > factors-contribute-high-cost-electric-vehicles-ev-india.html

What factors contribute to high cost of electric vehicles (EV) in India?

6+ mon, 2+ day ago  (131+ words) The battery constitutes the largest portion of an electric car's overall cost. Despite a decline in battery prices over recent years, they continue to represent the most substantial expense. Similar to mobile phones and laptops, electric vehicles also utilize lithium…...

TaxGuru
taxguru.in > goods-and-service-tax > gst-suv-cars-india-2025-latest-rates-slabs-cess.html

GST on SUV Cars in India 2025: Latest Rates, Slabs & Cess

6+ mon, 1+ week ago  (700+ words) If you're planning to buy a new SUV, the first question that comes to mind is: "How much GST will be charged on this SUV?" Previously, understanding GST on cars was quite confusing'base GST was separate, compensation cess was separate,…...

TaxGuru
taxguru.in > income-tax > computation-tcs-gst-liability-sale-vehicles.html

Computation of TCS & GST liability on Sale of Vehicles

6+ mon, 2+ week ago  (518+ words) In this article, I am covering the computation of TCS on motor vehicles & GST valuation on other charges. Whether other charges fall in the definition of Pure agent. I am also covering the point whether GST & TCS will be levied…...

TaxGuru
taxguru.in > goods-and-service-tax > gst-rate-revisions-for-indias-auto-sector.html

GST Rate Revisions for India's Auto Sector

6+ mon, 3+ week ago  (177+ words) Ministry of Heavy Industries Government of India has revised GST rates for multiple items pertaining to Ministry of Heavy Industries. It's detailed clarifications is as follows: Two-Wheelers (Bikes upto 350cc which incudes bikes of 350cc) " (28% to 18%) Small Cars (GST down to 18%, from…...

TaxGuru
taxguru.in > goods-and-service-tax > transportation-automobile-sector-56th-gst-council-meeting-decisions.html

Transportation or Automobile Sector: 56th GST Council Meeting decisions

6+ mon, 4+ week ago  (315+ words) GST rates on vehicles are being revised. Smaller cars, bikes, and commercial vehicles will see a reduction from 28% to 18%, while luxury vehicles increase.... Recommendations of 56th Meeting of GST Council for Transportation Or Automobile Sector: GST Council has recommended a restructuring…...