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 #
It is possible, especially before elections. Government may consider small cuts in two-wheelers also, since they are used by millions of Indians. EVs already have enough support, but bike makers may demand a fair treatment.