š Buying a Car or Bike? Wait Till Sept 22 or Not?
Hi, I am Chandralekha and I love talking about money.
Big GST change is announced and hereās what you need to know š
ā¼ļøVIEW THE DETAILED SUMMARY REPORT AT THE END OF THE VIDEOā¼ļø
ā
Compact Cars & Bikes
ā¢ā ā Current: 28% GST + 1ā3% cess = ~31%
ā¢ā ā After Sept 22: Flat 18%
Buy after Sept 22 (Save ~13%)
ā
Premium Cars
ā¢ā ā Current: 28% GST + 15ā22% cess = ~50%
ā¢ā ā After Sept 22: Flat 40%
Buy after Sept 22 (Save ~10%)
ā
Super Bikes (>350cc)
ā¢ā ā Current: 28% + 3% cess = ~31%
ā¢ā ā After Sept 22: Flat 40%
Buy before Sept 22 (Avoid 9% hike)
š”This reform ends the cess that was introduced in 2016 to cover state losses post-GST rollout.
Weāve shown price drops across top models in the reel, pause and check.
šÆ Share this with anyone planning to buy a vehicle!
#car #bike #gst #money #personalfinance #finance