India, Sept. 19 -- The latest GST rate cuts have sent waves of excitement through the Indian automotive world, sparking hope for more affordable rides across the board. It's not just small cars celebrating a price drop; luxury car buyers are also in for a treat. Thanks to a clever restructuring of GST slabs and the removal of the cess, even high-end cars - those boasting price tags north of a crore rupees - are seeing their costs drop by a whopping 10 to 20 lakh in some cases.
But before buyers pop the champagne, industry insiders urge caution. They warn that this golden window won't stay open for long. Why? Because these price cuts have essentially brought luxury car prices back to where they were in 2024 - not a permanent discount bona...
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