Small cars may get cheaper, big cars like SUVs might get costlier after GST reforms: Report
Small cars may get cheaper after being moved from their current tax slab, 28% GST plus small cess rates of 1-3%, to 18% slab following GST reforms, The Indian Express reported. Meanwhile, bigger cars like SUVs may get expensive as they may be moved to 40% GST category. "Only 5-7 items will be retained in 40% slab," a source said.