Since GST has taken over the regular service tax, VAT and excise duty from the 1st of July 2017, the biggest concern for the automobile enthusiasts and prospective customers is which car they will be purchasing. Given the fact that the latest GST has been very unevenly or smartly distributed among the various segment of cars, the complexity of the situation has taken over.
Starting from the hatchbacks and the cars measuring below 4 metres in length, the C-segment sedans that range over 4 metres to the luxury cars and big SUVs, all of these now have their own share of taxes to be counted in and therefore, their own share of price hike of decrease.
According to the latest GST, buying a luxury car or even an SUV will attract taxes which are in excess to the regular hatchbacks, but the percentage of tax has been reduced than before. Getting in a little more detail will complicate it further.
So to make things easier for you, here are the top 5 cars that would be a great option to buy post the GST is implied.
BMW 320d Luxury Line
The 2016 classic model BMW 320d has received a price revision post-GST implementation. This luxury line car originally costed Rs. 42.7 lakh (ex-showroom, Delhi) after VAT and cess. However, after GST, the price has been reduced by Rs. 44,326 and it is now retailing for Rs. 42,25,674 (ex-showroom, Delhi).
The BMW 320d Luxury Line is a great option if …