GST Profit to Government Vehicle Vendors Appeal to GST Profit

NEW DELHI: Commerce and Industry Minister Piesh Goyal on Wednesday urged the vehicle vendor organizations to give the benefits to the consumers to reduce the goods and service tax rates.At the Auto Retail Conclave organized by the Federation of Automobile Dealers (FADA), he said that foreign companies are also keen to invest in India because the country provides a huge local market and “you will see a large number of cars coming to India while getting enough business if they get enough business.”

Competition brings efficiency, helps to improve the quality of the product, and customers are convinced to get choices, “so, we are working to look for the right balance between the Indian market protection and the new OEM (original equipment manufacturer) … If we want to increase our production, they will be promoted to the sale of” indigenous “products in the country.

The importance of the post -sales service, the availability of additional parts and the constant support of the consumers, the companies decide to close specific models or completely out of the Indian market, saying that companies have set up work in India, and challenged the customers who have purchased their products for some time.

In such cases, this responsibility often falls on the customer’s problem, he said.