India has adopted Goods & Services Tax (GST) from July 1, 2017. The rates applicable for vehicles is provided below:
|
Tax Type
|
Tax Rate
|
|
GST
|
|
Vehicle Category
|
GST Rate
|
|
Passenger Vehicles (Petrol, Diesel, CNG, Electric Hybrid)/Commercial Vehicles/Three-wheelers/Two-wheelers)
|
28%
|
|
Electric Vehicles
|
5%
|
|
|
Compensation Cess
|
|
Vehicle Category
|
Cess
|
Applied Duty
|
|
Passenger vehicles (petrol, CNG, LPG) <4m in length and <1200cc engine
|
1%
|
29% |
|
Passenger vehicles (diesel) <4m in length and <1500cc engine
|
3%
|
31% |
|
Mid-size PVs (>4m in length with <1501cc engine)
|
17%
|
45% |
|
Large PVs (>4m in length with >1500cc engine)
|
20%
|
48% |
|
SUVs (>4m in length with >>1500cc engine & >169mm ground clearance)
|
22%
|
50% |
|
Hybrid vehicles (except small)
|
15% |
43% |
|
>350cc two-wheelers
|
3% |
31% |
|
10 – 13 seater public transport vehicles
|
15% |
43% |
|