GENERAL22 Sept 2026
GST 2.0 demand boost prompts Maruti Suzuki to accelerate capex plans
GST 2.0 completed one year on 22 September 2026. Smaller petrol and diesel cars now attract 18 per cent tax instead of 28 per cent. Car buyers and dealers felt the difference, with auto retail growing nearly 20 per cent in eleven months and Maruti Suzuki sales up about 36 per cent. If you run an auto-related business, review your pricing and stock plans.
Key Statutory Highlights
- The GST Council moved small petrol, LPG and CNG vehicles under 1,200 cc and diesel vehicles up to 1,500 cc to the 18 per cent rate from 28 per cent, effective 22 September 2025.
- Maruti Suzuki's passenger vehicle sales grew about 36 per cent year-on-year during April to August 2026, while its entry segment grew over 96 per cent.
- The Federation of Automobile Dealers Association (FADA) said auto retail crossed 3 crore vehicles in the eleven months from October 2025 to August 2026, growing nearly 20 per cent year-on-year.
Actionable Advice for Taxpayers / Founders:If your business sells or supplies to the auto sector, it may be worth reviewing your pricing, inventory and capex plans in light of this demand, and speaking to your tax advisor first.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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