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Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

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  • Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

    Yesterday it was announced that under the new taxation regime, motorcycles have been slotted into the highest tax slab of 28%. Luxury bikes will pay a 3% cess.

    Luxury/ premium bikes as per the govt. are bikes with an engine capacity of 350cc or more!

    The good thing is that the rate of tax will be uniform across the nation, unlike currently where every state has a different tax rate and a whole host of other taxes, which would make the effective tax rate anywhere between 24-35%. The reason why bikes in Karnataka would be far more expensive than in Delhi.
    Biking is not about what you have between your legs, its all about how well you use it!!!!!!!

    Give your details here if you want to help your fellow xBhpian stranded in your city

    Touring Blog: Cycling in Mongolia!

  • #2
    Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

    What about the import tax for CBU's. Is there any change to that tax rate?

    Comment


    • #3
      Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

      Does it mean the d390 will cost the same in Bangalore , pune or any other state.. also would it lead to decrease in the current on road of d390?

      Comment


      • #4
        Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

        When u say it will be uniform does that mean all prices will raise to a certain level or drop to a certain level? Like prices in Karnataka will drop or remain same while increasing the prices in other states?

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        • #5
          Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

          Motorcycles of more than 350 cc engine capacity will attract a total of 31 per cent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts.

          According to the rate structure finalised by the GST Council here, all cars, buses, trucks and motorcycles including moped as well as personal aircraft and luxury yachts will attract a peak Goods and Services Tax (GST) of 28 per cent.





          All classes of cars and SUVs, as well as motorcycles of more than 350 cc engine capacity, will also attract an additional cess.

          The cess for motorcycles with more than 350 cc engine has been kept at 3 per cent, taking the total incidence of taxation to 31 per cent.
          Bad news for power bikers: 31% GST on motorcycles with over 350 cc engine | Business Standard News
          Biking is not about what you have between your legs, its all about how well you use it!!!!!!!

          Give your details here if you want to help your fellow xBhpian stranded in your city

          Touring Blog: Cycling in Mongolia!

          Comment


          • #6
            Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

            not sure if to laugh or cry.

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            • #7
              Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

              Taxes will be the same. But then ex showroom prices may differ from state to state. And like aditya_YZF-R15 said. Not sure if I should laugh or cry on this.
              #CrazyGovt.ofIndia

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              • #8
                Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                Originally posted by Ave2592 View Post
                Taxes will be the same. But then ex showroom prices may differ from state to state. And like aditya_YZF-R15 said. Not sure if I should laugh or cry on this.
                #CrazyGovt.ofIndia
                Ex-showroom prices should remain same in all states due to GST. Road tax and other RTO charges may vary state to state and thus On-Road may vary state to state.
                Instagram - https://instagram.com/devdatta, https://www.instagram.com/devdvlogs/
                Youtube - https://www.youtube.com/channel/UCLu...wNUFB421Mn-DCw

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                • #9
                  Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                  Try fleecing as much money as possible from people to pay for the stupid statues and billboards.

                  Comment


                  • #10
                    Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                    Originally posted by drdanishkhannew.540 View Post
                    Try fleecing as much money as possible from people to pay for the stupid statues and billboards.
                    Ha ha ha. Best comment. Also include pension of bloody politicians. Strange thing is that other government employees don't get pension but these lunatics do get.

                    Comment


                    • #11
                      Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                      We earn to pay the govt for broken roads and poor essential supplies.. now buying a motorcycle is a luxury.. no wonder nobody wants to pay taxes.. bloody parasites.

                      Comment


                      • #12
                        Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                        Will the bikes less than 350cc will get cheaper at least in Bangalore?

                        Comment


                        • #13
                          Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                          Originally posted by LostRider View Post
                          Will the bikes less than 350cc will get cheaper at least in Bangalore?
                          I am of the view that the GST bill was passed to favor businesses rather than consumers. The respective state govts may raise other taxes if the GST bill reduces their revenue.

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                          • #14
                            Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                            good. i think it ok
                            camera quan sat gia re

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                            • #15
                              Re: Motorcycles to attract 28% GST, 3% Cess on Luxury Bikes!

                              so bikes are going to be costly.
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