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Goods and Services Tax (GST) in automobile sector, Know more
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Two-wheeler, four-wheeler or a commercial vehicle any of these categories will be considered as an essential goods commodity for which there might be an exemption or a lower rate of GST prescribed by the finance ministry. As a whole GST is expected to improve the overall house economics and depending on the current supply-chain management of various states experts do believe that two-wheelers, entry level sedan, SUVs and premium cars (depending on the cess) might become cheaper marginally.
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