FADA wants 18% GST on two-wheelers, 5% on used vehicles in Union Budget
- The rate of GST on used cars is currently 12% and 18%
- Currently, two-wheelers attract 28% GST and 2% cess
Federation of Automobile Dealers Association (FADA) has highlighted few issues to Union Finance Minister, Nirmala Sitharaman, which are hurting the growth of the Indian Automobile Industry and Auto Dealerships at large. The Association has bifurcated the recommendation into two different aspects Demand Revival Appeal and Dealer Issue.
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