Multiple GST rates shaking automakers' confidence: Hyundai
Hyundai Motor India has criticised frequent changes in tax rates on automobiles, saying investment will be adversely impacted in the absence of consistent and long-term policy. âImplementation of GST was to create...simplified tax structure for auto industry. However...multiple rates with pre-GST classification has come as a set back...shaking the confidence of auto manufacturers,â it added.