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Government of India to cut GST on small cars, two-wheelers from 28% to 18% ahead of Diwali
On August 18, multiple sources reported that the government of India is expected to cut the GST rate on small gasoline and diesel cars, as well as two-wheelers under 350 cc, from 28% to 18% ahead of Diwali, a move aimed at boosting demand in the entry-level segments. Currently, small cars up to 4 meters in length and....
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