Sales of automobiles have increased significantly after GST 2.0 was put into effect. Hyundai delivered 11,000 automobiles, Tata delivered 10,000, while Maruti delivered 25,000 cars on the first day. Let’s investigate.
The car market is receiving a gift from the new GST 2.0, which went into force in India on September 22, 2025. Customers are thrilled that the GST on compact cars has been lowered from 28% to 18%. Businesses are experiencing record bookings and revenues as Navratri and the holiday season get underway. On September 22 alone, Maruti Suzuki India, the biggest automaker in the nation, delivered over 25,000 vehicles and received over 80,000 customer questions. It is anticipated that this number will rise to 30,000 in the days ahead.
An explanation of Maruti’s SEO
The demand for tiny cars has been the biggest, with bookings rising by about 50%, according to Partho Banerjee, Maruti’s Senior Executive Officer for Marketing and Sales. Stocks are anticipated to run out due to the great demand for a number of variations. Notably, Maruti has introduced further price reductions in addition to providing customers with the advantages of lower GST rates starting September 18th. Consequently, the business has received 75,000 reservations, or 15,000 reservations every day on average. Dealerships have had to stay open late into the night due to the enormous demand.
The largest success for Hyundai Motors in five years
Similar to Maruti, Hyundai Motor India Limited (HMIL) achieved a noteworthy first-day record. The company’s best single-day result in the previous five years was 11,000 dealer billings. The advent of Navratri and the introduction of GST 2.0 have combined to create a great deal of excitement in the market, according to Hyundai COO Tarun Garg. Consumer trust has grown, and the business anticipates high demand during the holiday season.
The state of the Tata Motors
This also applied to Tata Motors. On the first day of the introduction of GST 2.0, the company delivered 10,000 vehicles. In addition, it received more than 25,000 questions from customers. This makes it very evident that the new tax structure has prompted consumers to make purchases.
The largest beneficiaries of GST 2.0 are small autos.
Small gasoline and hybrid vehicles will now only be subject to 18% GST under the new regulations. CNG and LPG vehicles will also be subject to the same tax, as long as their engines are 1200cc or less and their length is no more than 4 meters. Diesel and diesel hybrid vehicles are subject to the same regulation. This implies that only 18% GST will now be applied to diesel vehicles up to 1500cc and 4 meters in length.
40% tax on SUVs and premium vehicles
It’s important to note that the government raised the GST rate on large and luxurious vehicles to 40%. These consist of automobiles such as SUVs, UVs, MUVs, and XUVs. This category will also include vehicles with a ground clearance of more than 170mm. Customers shouldn’t be too alarmed by this, though. In the past, premium cars had to pay 50% tax, which included 28% GST and 22% cess. The cess has now been eliminated, and the GST has been lowered to 40%. This implies that clients have also benefited from a 10% tax cut.
Read More: ChatGPT Tips Instantly Boost Your Bank Credit Score
|
|
  Facebook Page |
         Click Here |
|  Twitter       |
          Click Here |
| Â Instagram |
         Click Here |
