Goods and Services Tax (GST) in automobile sector, Know more
By: Team Ifairer | Posted: 27-04-2017
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Society of Indian Automobile manufacturers (SIAM) strongly suggests that GST should include Road Tax and motor vehicle tax. SIAM also said "After introduction of GST, no additional tax should be introduced/ levied. A provision be made in the law that no new levy or tax be introduced. Any change, if required, in future (for specific needs like calamity, education, infrastructure, etc.) should be done through modifying the rate of taxation under the GST regime and not through any additional levy/tax/cess, etc."