Showing posts with label New GST Reforms Promise Clarity on Taxes and Cheaper Cars. Show all posts
Showing posts with label New GST Reforms Promise Clarity on Taxes and Cheaper Cars. Show all posts

Tuesday, August 19, 2025

New GST Reforms Promise Clarity on Taxes and Cheaper Cars

 “New GST Overhaul to Simplify Taxes and Cut Disputes; Automobiles Likely to Get Relief”

 GST Revamp to Simplify Taxes, Automobiles and Essentials to Benefit

 

New Delhi: Businesses may finally get relief from confusing courtroom battles over GST rates on everyday products — like the famous disputes over whether parathas or popcorn should be taxed differently. The government’s plan to move to a simpler two-rate GST system aims to end such bizarre disputes.

 

The revamp will also bring cheer to the automobile sector. Small cars are likely to move from the current 28% tax slab to 18%, while bigger cars may shift to a new 40% slab. But even for higher-end models, the overall tax burden will fall once the extra compensation cess of 17–22% on automobiles is phased out.

 

The GST Council’s Group of Ministers on tax rate rationalisation, headed by Bihar Deputy Chief Minister Samrat Chaudhary, will meet in New Delhi this Wednesday and Thursday to examine the Centre’s proposal. Officials said the agenda is “exhaustive,” with a focus on streamlining the entire GST framework.

 

Under the new structure, there will be two main rates: one for essential items and another standard rate for everything else. All food items — whether packaged or loose — will likely fall into the 5% category, officials said. The guiding principle will be simple: if a product is essential, it will either be exempt or taxed at 5%; non-essentials will fall under the standard rate.

 

Currently, packaged food is taxed at 12%, while unpackaged food is at 5% — a difference that has led to confusion for both businesses and consumers. Attempts to clarify this under the existing system have only made things more complicated.

GST Relief to Boost Spending and End Bizarre Tax Disputes

 

In the past, GST rules have often baffled both businesses and consumers. Last year, the GST Council clarified that popcorn would be taxed at 5% if sold loose, 12% if packaged and labelled, and 18% if caramelised — sparking widespread criticism.

 

Similarly, in 2020, the Karnataka tax authority ruled that packaged parathas — which require heating before eating — should be taxed at 18%, unlike rotis which attract 5% GST. Though this order was later annulled on technical grounds, the actual rate question remained unresolved.

 

Even papads stirred controversy. Social media once claimed that only round papads were tax-free while square ones were not. The CBIC later clarified that all papads are exempt from GST, regardless of shape or name, except when served in restaurants, where normal restaurant food tax applies.

 

A Fresh Start With GST Revamp

 

Officials say such confusing disputes will finally end with the proposed GST restructuring. The new system, which reduces the current four slabs (5%, 12%, 18%, 28%) into a simpler two-rate structure, will eliminate much of the ambiguity.

 

“The proposed GST overhaul is a positive step. It will end classification-related disputes and give a strong push to consumer demand at a time when exports are facing global challenges,” said M. S. Mani, Partner, Indirect Taxes at Deloitte India.

 

Why Businesses Are Hopeful

 

Experts point out that disputes arise because companies naturally want their products placed in lower tax slabs, while tax officers often push for higher ones. This tug-of-war has affected items like auto parts, cosmetics vs. medicated products, and flavoured milk. With only two slabs, the scope for such arguments will sharply reduce.

 

Karthik Mani, Partner – Indirect Tax at BDO India, added: “A two-rate structure will reduce disputes significantly. While it may create some cases of inverted tax structure, the government has already said correcting this imbalance is part of the reform plan.”

 

 Bottom line: The GST revamp isn’t just about cheaper goods — it’s about ending years of confusion, restoring business confidence, and giving a timely boost to consumer spending.Relief to automobiles

 

Fewer GST Slabs to Ease Automobile Taxes

 

As part of the proposed GST revamp, high-end cars — which currently face 28% GST plus an additional cess of 17–22% — will move to a single 40% GST slab without cess. According to officials familiar with the discussions, this will actually lower the overall tax burden on these vehicles.

 

This category includes:

 

Cars with 1200–1500 cc engines, up to 4 metres in length (currently 17% cess)

 

Cars with 1200–1500 cc engines, above 4 metres (20% cess)

 

SUVs with 1500 cc+ engines, above 4 metres (22% cess)

 

At present, the total tax on these ranges from 45% to 50%. Under the new system, it will be streamlined to 40% flat. Experts note that while sales volumes in this segment aren’t very high, the clarity and lower burden will benefit both buyers and manufacturers.

 

On the other hand, small cars are set to get even bigger relief. Vehicles currently in the 28% slab but with a small cess of just 1–3% — such as:

 

Petrol, CNG, and LPG cars with engines up to 1200 cc and under 4 metres (1% cess)

 

Diesel cars up to 1500 cc and under 4 metres (3% cess)

 

These vehicles currently face a tax burden of 29–31%, but will likely shift down to the 18% GST slab. Analysts say this will make small cars significantly cheaper, giving a much-needed push to automobile sales, which have only grown by 2.79% this fiscal year.

 

 In short: Bigger cars will get simplified taxes and slightly lower rates, while smaller cars could see major relief, making them more affordable for middle-class buyers.

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