Big engines, bigger taxes: GST 2.0 hikes duty on luxury cars to 40%

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GST rejig: Small cars, bikes under 350cc get tax cut to 18%; SUVs, big bikes, yachts hit with 40% slab The Goods and Services Tax (GST) Council has approved a sharp hike in rates for sin goods, moving them from the earlier 28% slab to a n…

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