GST cut drives up vehicle registration by 100% in Hyd

Hyderabad: It's the city's automobile dealers who are laughing their way to the bank this festival season. With the recent reduction in GST rates – from 28% to 18% – making certain category of two and four-wheelers cheaper, Hyderabad has seen a massive rise in vehicle sales in the last few weeks.Data available with TOI shows that vehicle registrations in the city shot up by a stupendous 100% since…