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ACMA stresses on early implementation of GST

ACMA also sought the government's support in achieving $200 billion turnover from the existing $38.5 billion

Press Trust of India  |  New Delhi 

Automotive Component Manufacturers Association (ACMA), the apex body for the Indian auto component industry, has urged the government for early implementation of Goods and Services Tax (GST). As part of its recommendations for the upcoming Budget, ACMA also sought government's support in achieving $200 billion turnover from existing $38.5 billion as stated in the Automotive Mission Plan 2026. "We expect the forthcoming Budget to lead to creation of a favourable and stable policy environment to enable growth and development of the domestic auto sector," ACMA President ...

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First Published: Wed, January 27 2016. 18:42 IST
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