High taxes hampering growth of luxury car segment in India: Audi - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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High taxes hampering growth of luxury car segment in India: Audi

Luxury vehicles currently attract the top GST slab of 28 per cent with an additional cess of 20 per cent on sedans and 22 per cent on SUVs, taking the total tax incidence to up to 50 per cent.

from Industry-Economic Times
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