GST on Motorcycles
Motorcycles that are powered by an engine displacing less than or equal to 350cc now boast of a reduced GST slab. Earlier it stood at 28 per cent, but has now been brought down to 18 per cent. Subsequently, models like the Hero Splendor, Bajaj Platina, and Royal Enfield Bullet 350 get marginally cheaper now.
While the motorcycles less than or equal to 350cc have received a tax cut, the motorcycles above the 350cc mark will now be taxed at 40 per cent, which were earlier taxed at 28 per cent, along with an additional cess of 3 per cent. However, now that the cess has been diluted, the final tax slab stands at 40 per cent for big bikes.
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