New Delhi [India], August 11 (ANI): Higher taxes on automotive sector have a negative impact and the government needs to look at the solution, Revenue Secretary Tarun Bajaj said on Wednesday.
For long-term sustained growth, the corporate sector needs to come forward, he said. Bajaj also said that high GST slab of 28 percent and cess on the auto sector will continue for a couple of years more
India Inc will not get call for extra tax in March: Revenue Secretary thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Need to bring down GST rates on auto sector: Revenue secretary Tarun Bajaj freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
"I quite agree with automotive sector. Two-wheelers and four-wheelers were not only charged 28 per cent Goods and Services Tax (GST) but we also charged cess, which is much more and as I see it will continue for two more years," he said.