ilmscore | Prediction Details
"government has reduced the GST on small cars, two wheelers, buses, trucks from 28% to 18%. See if I'm talking about cars if they are petrol then and if they are less than 1200 cc diesel if they are less than 1500 cc and less than 4,000 mm long lengthwise. So basically roughly less than 13 ft then they'll be now taxed at only 18%. SUVs and big cars will also be now effectively taxed at only 40 40%. Now you will be like why is Russia saying only 40%. I'll give you a simple example. If I'm talking about luxury cars something like Mercedes or BMW earlier they used to be taxed at 28%. But because of the additional cess it used to go up to effective taxation of 45 to 50%. And now with and now without cess it's going to be capped at what 40%. So all in all if you ask me it is a very big thumbs up for the auto space. This entire GST boost which has been given for auto it's it's a it's a big amazing point right EVs remain at 5% they were at 5% and they remain at 5%."
By CA Rachana Phadke Ranade | September 8, 2025 | Incorrect
From video
GST Cuts Drive Auto Boom | Can the rally continue? | CA Rachana Ranade 00:02:17 - 00:03:23
Interpreted Prediction
The GST on small cars, two-wheelers, buses, and trucks has been reduced from 28% to 18%. Petrol cars under 1200cc and diesel cars under 1500cc (under 4000mm length) will be taxed at 18%. SUVs and larger cars will be taxed at 40% (down from 45-50% with cess), while EVs remain at 5%.
AI Evaluation Notes
GST rates have not decreased as predicted. A search indicates that GST rates have remained largely unchanged, with some fluctuations for specific components and vehicle types, but the broad reduction did not occur.

Prediction Details

Topic
GST Reduction Impact on Cars

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