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New GST rates for bikes & scooters: From Triumph, Bullet, Harley to Bajaj, check what gets cheaper and what gets costlier

New GST rates for bikes & scooters: From Triumph, Bullet, Harley to Bajaj, check what gets cheaper and what gets costlier

New GST rates for bikes: The GST Council has approved revised tax slabs, effective September 22, reducing GST on two-wheelers below 350cc to 18%, benefiting most of the Indian motorcycle market. Larger motorcycles above 350cc will face a higher 40% “Sin tax.” Similarly, smaller cars will be taxed at 18%, while larger vehicles and racing cars will be levied at 40%.

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