Auto crisis: FADA urges GST Council to take definitive decision on rate

The auto round-up

  • Federation Of Automobile Dealers Associations urged the GST Council to take a definitive decision on the rate in its meeting scheduled to be held on Friday
  •  Hero MotoCorp urged the Centre to consider a phase-wise reduction in GST on automobiles, cutting rates for two-wheelers in the first stage, and deferring tax cut on four-wheelers to a later stage
  •  Tata Motors exuded confidence in the government taking a positive call on the auto industry's demand for a tax cut on vehicles
  •  Mahindra & Mahindra is banking on the forthcoming festival season to beat the slowdown in the domestic vehicles market
  •  Maruti Suzuki has crossed 1-million exports mark from Mundra port in Gujarat after commencing international dispatches a decade ago

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel