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Home » Audi against taxes
Auto

Audi against taxes

News DeskBy News Desk2 November 2021Updated:2 November 2021No Comments1 Min Read
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Audi says high taxation regime restricts the Indian luxury car segment’s growth.

The government should lower the levies to help the sector grow, it said. 

The luxury segment went up to 40,000 units a year and stayed in that range, an official said.

“And, this year, we can end up even lower than that,” the official said.

The company asked govt to reduce the duties.

Apart from 28% GST, there is cess.

Audi asked to take off this cess and keep registration costs reasonable. 

Luxury vehicles currently attract the top GST slab of 28%.

Additional cess of 20% on sedans and 22% on
SUVs will take total tax incidence to 50%
.

Audi Audi cars autoindustry automobiles banner business cess India luxury cars luxury tax Sedan Suv Taxes technology TOP STORIES
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