Karyn Faerch (Research Fellow)
List of Contributed Questions (Sorted by Newest to Oldest)
No Question(s) Posted yet!
List of Contributed Answer(s) (Sorted by Newest to Oldest)
Answer # 1 #
Yes, but in a different way. Some companies may not pass 100% of the GST cut. They may keep part of it as extra margin. But market competition is so high that they cannot keep too much. So eventually, we will see price cuts across the industry, maybe at different levels.
Answered for the Question: "Will the revised Maruti Suzuki car GST rate force other car manufacturers to slash their prices too?"