New Delhi, Sept. 4 -- India's GST reform was an important opportunity to align taxation policy on automobiles with the nation's mobility needs, environmental responsibilities and industrial ambitions.
growing major economy and an ever-expanding road network, the demand for personal mobility is higher than ever. Yet, while the GST burden will broadly reduce from 22 September, Indian car buyers in general still face one of the heaviest burdens in the world, making personal vehicles expensive.
As trade deals are negotiated and tariffs potentially lowered in line with global norms, the economics of vehicle ownership must remain competitive. If import duties are eased, the domestic industry will need a fair GST regime to stay viable and attr...
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