Royal Enfield Makes Big Decision Regarding GST 2.0 Tax
Automobiles
- 4 month, 27 days ago
Under the new GST 2.0 tax structure, motorcycles exceeding the 350cc category will be taxed at a rate of 40% GST. As one of India's leading premium bike manufacturers, Royal Enfield is directly impacted. However, the Chennai-based manufacturer has confirmed it will not downsize its engines, but instead continue developing higher-capacity models for domestic and global markets.