Everyone’s dream is to buy your dream car. However, when we buy your Dream Car, the car shows a big difference between the cost of the car showroom and the on -road price. Car buyers have to pay more due to the tax included in the on -road price. Because of this, many are suffering from increased GST. However, now there is talk that the central government will cut the GST.

The period from August to November is considered to be the most important for the automobile industry in India. During this period, the sale of cars and bicycles is significantly seen at the mouth of festivals like Ganesh Chaturthi, Onam, Navratri, Dussehra, Diwali and Dhanters. About 5 to 8 percent of the annual total sales are in the same festival season. That is why vehicle companies declare attractive offers during this time and launch new models.

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In fact, this year’s festival season is still important because the government is planning to reduce GST from 28% to 18% on small cars. If this happens, the car prices will be reduced and the customers will benefit directly. However, the government has not yet decided what vehicles and how much taxes to reduce. That’s why you should buy a car or not? Such a question is being asked.

Anxiety and customer confusion of dealers

Many dealers say that customers are confused by discussion in GST context. According to a dealer in Delhi-NCR, the demand was good in the first two weeks of August. But now buyers are making more inquiries about GST deduction rather than booking. People are pushing shopping for fear of damage to the car and if the tax is reduced till Diwali.

On the other hand, dealers’ difficulty has also increased. Is already full of tax on existing stock. If the GST deduction is implemented, new sales will need less tax. Therefore, the stock purchased earlier can be relatively expensive as well as the working capital and interest load can also increase. For this reason, many dealers are keeping a limited amount of stocks in high -demanding models.

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Should the car be purchased or stop a little?

If the government really reduces GST, consumers can get a big relief in the cost of the car. However, no official announcement has been made yet. In such cases, if you need an immediate car, it would be wise to take advantage of the current offers and finance plans, but if you wait, it is best to see the government’s announcement about GST before Diwali.

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