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Tag: gst impact on cars

GST impact on auto sector

GST’s Impact On Auto Sector In India – Benefits & challenges

June 28, 2017

The automotive industry in India is a huge industry that manufactures a significant number of cars annually, the demand for which is mostly domestic. In the present taxation system, there are several taxes applicable on this sector like excise, VAT, sales tax, road tax, motor vehicle tax, registration duty which will be subsumed by GST.

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