कोशिश गोल्ड - मुक्त
Auto industry seeks execution of new GST rates faster
The New Indian Express Mangaluru
|August 26, 2025
HIT by a sudden decline in sales and enquiries, the automobile industry has urged the government to hasten the implementation of new GST rates, seeking their rollout before the start of the festive season in the second half of September.
After Prime Minister Narendra Modi announced next-generation GST reforms and GST rate cuts in his Independence Day speech, buyers have started delaying their purchase in anticipation that prices of smaller cars and two-wheelers may decline up to 8-10%.
A CEO of a leading car company said they are hopeful of a quick resolution given the GST council is likely to meet soon. "Sales have fallen in double-digit figures since the GST rate cut news started circulating. It is important that this matter is taken seriously," he added.
यह कहानी The New Indian Express Mangaluru के August 26, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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