Mercedes-Benz India anticipates a record-breaking festive season due to the recent GST rate reduction. MD and CEO Santosh Iyer highlights the need for uniform road taxes across states to maximize benefits for consumers. Iyer welcomes the GST rationalization but notes the automotive sector remains heavily taxed. He also points out the correlation between luxury car growth and economic development.
from Auto-Industry-Economic Times https://ift.tt/dCOp7Ja
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