Bonanza! Auto majors and fashion retailers are still offering GST discounts


Some of India's biggest automakers and retailers announced price cuts on Saturday as Asia's third-largest economy switched to a new nationwide sales tax at the stroke of midnight, replacing a host of provincial and national levies. The Goods and Services Tax (GST), India's biggest tax reform in the 70 years since independence from British colonial rule, unifies the $2 trillion economy and 1.

3 billion people into one of the world's biggest common markets. Maruti Suzuki Ltd, India's biggest carmaker by sales, dropped.

This article is no longer available in our repository.

There could be multiple reasons for this.