The Federation of Automobile Dealers Association (FADA), which represents over 15,000 automobile dealers having 26,500 dealerships, noted that two-wheelers are not a luxury item and hence GST rates need to come down.
"The procurement price of ethanol produced from sugarcane-based feed stocks like C and B heavy molasses, sugarcane juice, sugar, sugar syrup are fixed by the Government and from food grain-based feed stocks by Public Sector Oil Marketing Companies on an annual basis," read the written reply. GST Rate Cuts to 5% from 18% on Ethanol Meant for Blending Under Ethanol Blended Petrol Programme.