GST panel unlikely to approve tax rate cut for auto sector: Report

A government study, attached to the agenda of a Sept. 20 GST panel meeting, has said the total annual revenue loss could be as much as 500 billion rupees ($6.95 billion), if the panel decided to lower tax rates for the auto sector to 18% from 28%.

from Hindustan Times - topnews http://bit.ly/31y0EJA
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