Auto crisis: FADA urges GST Council to take definitive decision on rate

Hero MotoCorp urged the Centre to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage

automobile
PTIBS Reporter
1 min read Last Updated : Sep 20 2019 | 12:44 AM IST
The auto round-up

  • Federation Of Automobile Dealers Associations urged the GST Council to take a definitive decision on the rate in its meeting scheduled to be held on Friday
  •  Hero MotoCorp urged the Centre to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage
  •  Tata Motors exuded confidence in the government taking a positive call on the auto industry's demand for a tax cut on vehicles
  •  Mahindra & Mahindra is banking on the forthcoming festival season to beat the slowdown in the domestic vehicles market
  •  Maruti Suzuki has crossed 1-million exports mark from Mundra port in Gujarat after commencing international dispatches a decade ago

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Topics :Automobileautomotive industry

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