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The sale of driving fell for the fourth consecutive month in August with car manufacturers who calibrated shipments to dealers prior to the announcement of the revised GST rates. According to data released by the industrial Body Society or Indian Automobile Manufacturers (SIAM) 321,840 vehicles were sent from factories to dealers last month, which is […]
In coming major reforms, the GST about cars – currently in the highest tax bracket – will be restructured to resolve classification peels with regard to motorcycle capacity and vehicle size, which ultimately benefit the ordinary man, according to government sources.Cars are currently taxed at 28 percent, which is the highest GST plate. A compensation […]
