Скачать или смотреть GST Cut on Cars & Bikes? Auto Sales Drop as Buyers Wait, Big Trouble For Auto Majors | ET Now

GST Cut on Cars & Bikes? Auto Sales Drop as Buyers Wait, Big Trouble For Auto Majors | ET Now

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Описание к видео GST Cut on Cars & Bikes? Auto Sales Drop as Buyers Wait, Big Trouble For Auto Majors | ET Now

GST Cut on Cars & Bikes? Auto Sales Drop as Buyers Wait, Big Trouble For Auto Majors | ET Now

India’s auto sector is in flux as buyers, dealers, and manufacturers await clarity on GST reforms. Since August 15, sales have fallen sharply as customers delay purchases, hoping for a tax cut from 28% to 18% on small cars and two-wheelers. The Federation of Automobile Dealers Association (FADA) is pressing for answers from Union Ministers H.T. Kumar Swamy and P.U. Gore. Dealers warn that only a firm government announcement can revive sentiment, with real recovery possible only next year.

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