SIAM is the Apex National Body representing Indian Automobile Industry

GST

Economic Affairs

Goods & Services Tax (GST) rates applicable for vehicles as on 3rd May 2023.is provided below: 

Vehicle Category

GST

Compensation Cess

Total Tax Payable

Electric Vehicles

5%

NIL

5%

Hydrogen Fuel Cell Vehicles

12%

NIL

12%

Three Wheeled Vehicles

28%

NIL

28%

Two-Wheelers upto 350cc Engine

28%

NIL

28%

Two-Wheelers >350cc Engine

28%

3%

31%

Passenger Vehicles (Petrol, CNG, LPG) Upto 4m in length and Upto 1200cc engine

28%

1%

29%

Passenger Vehicles (Diesel) Upto 4m in Length and Upto 1500cc engine

28%

3%

31%

Passenger Vehicles (Upto 1500cc engine)

28%

17%

45%

Passenger Vehicles (Above 1500cc engine)

28%

20%

48%

Passenger Vehicles popularly known as SUVs (Above 4m in length, above >1500cc engine & >170 mm Ground Clearance)

28%

22%

50%

Hybrid Passenger Vehicles

(upto 4m and upto 1200 cc engine Petrol) or

 (upto 4m and upto 1500 cc engine Diesel)

28%

NIL

28%

Hybrid Passenger Vehicles

(Above 4m or above 1200 cc engine Petrol or

 above 1500 cc engine Diesel)

28%

15%

43%

Public Transport Vehicles: 10 – 13-seater

28%

15%

43%

Public Transport Vehicles > 13-seater and Commercial Goods Vehicles

28%

NIL

28%