SIAM urges government to temporarily cut GST taxes by 10% to boost demand

Automobile production and sales have come to a complete standstill after a nationwide lockdown was imposed on March 24 to check the spread of the disease. The industry is losing Rs 2300 crore per day due to the closure, which may now last till May 3.

from Auto-Industry-Economic Times https://ift.tt/2VF0j68