Do you think the new Maruti Suzuki car GST rate makes Indian cars cheaper than in other Asian countries?
3 answer(s)
Answer # 1 #
In some cases, yes. Indian small cars like Alto, Swift, and WagonR may now be cheaper than similar models sold in countries like Indonesia or Thailand. This is because of lower GST rate and economies of scale in India. However, bigger cars and SUVs may still be more expensive here due to high road tax and insurance costs. So comparison depends on segment.
Answer # 2 #
It is hard to compare directly because every country has its own tax system. But yes, for entry-level hatchbacks, India is now among the cheapest markets in Asia.