Sharma Hary (TRUCK LOADER OVERHEAD CRANE)
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Both yes and no. Some part of rural market will see growth. But don’t forget, many rural families still prefer second-hand cars because they are much cheaper. Even if new car prices come down by ₹50,000, a used car is still half the price. So GST cut may benefit, but mostly in the aspirational rural buyers who were already planning to buy new. Not the majority.
Answered for the Question: "Do you think the revised Maruti Suzuki car GST rate will actually boost rural car sales or is it just hype?"