Amid festivity, auto & electronics companies carry wait of GST on their shoulders

Manufacturers are concerned about a potential dip in sales. Consumers might postpone buying vehicles and electronics. They are waiting for the Goods and Services Tax (GST) rate cuts. The GST Council will meet in September to finalize the new rates. The new rates are expected to be implemented by Diwali. This delay could impact sales during the festive season.

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