Tax reform worries India’s used-car dealers

in Automotive

In India, a fresh Goods and Services Tax (GST) will go into effect on July one in what will be the country’s fattest tax reform in the past two decades.

Auto dealers of used cars are apprehensive that the Indian government’s decision to substitute all existing indirect taxes at the state and union level with a steep, single tax (GST) may erode their profit margins. Continue reading Tax reform worries India – s used-car dealers – AIM Group