New GST Rules May Impact Auto Consumer Durables.

Neeraj0105 Jun, 2017Business

After getting hit by the transition of new fuel technology � from Bharat Stage-III (BS-III) to BS-IV � the automobile sector in the country may be awaiting yet another shocker. The proposed taxation format under the upcoming goods and services tax (GST) is likely to fuel inflation, and increase the tax burden of secondhand car buyers and those opting for exchange offers.