News
One year of GST: Compensation cess drives confusion for the auto sector
- Date:
- June 22, 2018
- Source:
- Economic Times
With the Goods and Services Tax (' GST ') regime in India nearing completion of its first 12 months, it is probably an apt time to take a look back at the various ups and downs of the regime and their impact on one of the key sectors of the Indian economy - the automotive industry. The Indian automobile industry has historically been one of the highest taxed sectors from an indirect ta…