Time For Govt To Cut GST On PVs From 28% To 18% To Boost Demand: Vishnu Mathur, SIAM
  • WebDesk BTVI
  • Jun 11 2019

Vishnu Mathur, Director General of SIAM said that 26% decline in the month of May is extremely concerning and the last steep decline was Sept 2001, when car sales dipped 31.37%. Mathur also called for the government to cut the GST rate on passenger vehicles to 18%, from 28% at present, to boost growth.