Please Tell Us Your City

Knowing your city will help us provide relevant content to you.

Sorry! No matching results found. Try again.Error Identifying Your Location.

Log in to CarWale

Please enter your password
Forgot password?
Please enter your registered email

Or Login with

Sign in with facebook
Sign In with google

Sign up to CarWale

Please enter your name
Please enter your mobile number
Please enter your password
Please enter your password

Car parts might get cheaper by up to 10 per cent from 1 Jan

December 24, 2018, 12:30 PM IST by Omkar Thakur
Car parts might get cheaper by up to 10 per cent from 1 Jan

The Indian government has begun rationalising the GST slabs and aims towards making the 28 per cent slab obsolete altogether in due course of time. Among the seven items moved to the 18 per cent slab from the 28 per cent slab,  automotive spare parts have been included with effect from 1 January 2019.

The automotive spares market, which runs into thousands of crores of rupees, includes the OEMs as well as the licensed spare parts manufacturers. With a lower cost of spares, the overall maintenance costs will be reduced making car buying even more viable. The automobile industry, which has almost come to a standstill in the past three months, should be delighted as their application to the GST council in September 2018 to reduce taxation on spares has been accepted and implemented at the earliest. With low fuel prices and lower cost of spares, the car industry will be hoping for an upturn in 2019 amidst a global slowdown in car sales.

Tags:car spares,automotive spare parts,car spare parts india
Show CommentsHide Comments
  • Upcoming Cars

Honda CivicHonda Civic

7th Mar 2019

13L - ₹ 18L
Tata 45XTata 45X

Mar 2019

8L - ₹ 10L
BMW i8 RoadsterBMW i8 Roadster

Apr 2019

2.80Cr - ₹ 3Cr
Mahindra e20 NXTMahindra e20 NXT

Jul 2019

6L - ₹ 8L
Mahindra eKUV100Mahindra eKUV100

Dec 2019

8L - ₹ 9L
All Upcoming Cars
Ask the experts1800 2090 230Mon-Fri (9 AM - 8 PM)
Sat (9 AM - 5:30 PM)
Sun (9 AM - 7 PM)
Toll free

Select your city to avail offers

Currently available only in