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Reduce GST, create separate department for auto sector: Parliamentary panel to Centre
The panel - Department Related Parliamentary Standing Committee on Commerce - wants the rate of GST to be reduced from 28 per cent to 18 per cent for all categories of vehicles and auto components in addition to incentive-based vehicle scrappage scheme
Joe C Mathew | February 12, 2021 | Updated 16:29 IST
A parliamentary panel has recommended reduction in GST, mechanism for overseas promotion of Indian brands and a separate department for automobiles to address issues faced by Indian automotive industry, and assist building domestic capacity and attract investment. It also expressed concern over slow pace of sales of electric vehicles. ....

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