The GST rate decline is estimated to increase 200 BPS for 200 BPS (BPS) uphill and PV, the two -wheeler demand, the report said.
Due to the interruptions caused by the implementation of the on-board diagnostics II (OBD2) criteria, the two-wheeler department faced the sale of the two-wheeler in the first quarter of this financial year.
In addition, the early and intense start of the monsoon, reduced rural activity and exceeded the customer’s feelings.
According to the rating agency, the increase in the PV section is expected to be 2-3 percent more modest in the financial year. Affordable anxiety, rare earth minerals, and the expectation of the GST Cup, had been involved in selling shopping in the June-August period. Demand regeneration, simplified slabs will also facilitate compliance and low logistics costs, through the Nitle Interstate Taxation, Assistant Profit across the value chain. “When the GST cut cut is completely gone, the prices of vehicles will fall by 5-10 percent (Rs 30,000-60,000 on small PVs; 3,000-7,000 rupees on two-wheelers).
According to the improved GST structure, the rate on small PVs, CC 350 CC (Cent 1 percent of Segment sales), commercial vehicles (CVs) and three -wheelers will fall from 3 per cent.
Medium and large PVs will also have a 3-7 percent deduction, while the tractor’s benefit will be reduced from 12 and 28 percent to 5 percent respectively and 18 percent.
For CVS, low GST should offset the cost from October 1, 2025, the cost of the compulsory AC cabin.
On the contrary, more than C350 CC will be facing more charges, and Cent will go to a special rate compared to the current Cent, with compensation, with compensation cesses, they have become more expensive.