Do you think the Maruti Suzuki car GST rate cut will push other industries (like two-wheelers or EVs) to demand similar tax benefits?
3 answer(s)
Answer # 1 #
I think EV industry is already enjoying 5% GST, which is the lowest. They don’t need further benefit. Two-wheeler industry may push for lower GST, but I doubt government will reduce it again so soon.
Answer # 2 #
Yes, definitely. Two-wheeler makers may also ask for tax cuts because if small cars become cheaper, bikes may lose some buyers. Similarly, EV makers may demand extra incentives to stay attractive. Tax policy always creates ripple effects across industries.