
Revolutionary Raja Ram for Tax & Economic Reforms
almost 3 years ago
FADA urges government for reduction in GST for two-wheelers to help sales grow The two-wheeler segment continues to face challenges, with entry-level vehicles attracting fewer buyers.
In light of this, the Federation of Automobile Dealers Associations (FADA) has urged the GST Council to consider reducing GST on two-wheelers from 28 per cent to 18 per cent to help revive this vital segment, which represents 75 per cent of total auto sales volume.
On the other hand, the upcoming marriage season in May is expected to bring about a sales resurgence, driven by an increase in customer inquiries, Manish Raj Singhania, President, FADA, said.
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