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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

PTI & BS Reporter 

automobile

The auto round-up

  • Federation Of 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

First Published: Fri, September 20 2019. 00:37 IST
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