Entry Level Cars Like Alto To Get Cheaper By 8-9% | Maruti Chairman RC Bhargava

The council’s decision will help create demand for cars with over 1200 cc engines and length of more than 4 metres as the so-called sin rate has been reduced to 40 per cent and a cess has been withdrawn. The two factors resulted in 50 per cent tax on some cars. “With the latest GST reduction we project that the small car market which was degrowing will now grow this year by over 10 per cent,” said Bhargava.