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Crisil: Reduced GST rates to drive auto sales, aid domestic market
The Business Guardian
|September 05, 2025
Lower GST on automobiles is set to make vehicles more affordable for buyers and create new opportunities for sellers.
As per a Crisil Intelligence report, the revised GST slab to 18 per cent from 28 per cent will benefit the auto sector and boost domestic sales. The automotive aftermarket segment will also benefit as all components will now be brought under the 18 per cent GST slab, thereby leading to a reduction in prices of components taxed at 28 per cent by about 7.8 per cent, the report said.
Cette histoire est tirée de l'édition September 05, 2025 de The Business Guardian.
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