Bajaj Auto MD backs GST cut for two-wheelers, warns against unnecessary classifications
Bajaj Auto MD also raised concerns about the government’s decision to limit the reduction to vehicles under 350 CC. “Over 97–98% of all two-wheelers sold in India are under 350 CC. Why not keep it simple and make 18% applicable to everything? By excluding the top 1–2% by volume, we create distortions,” he argued.
Bajaj Auto MD also raised concerns about the government’s decision to limit the reduction to vehicles under 350 CC. “Over 97–98% of all two-wheelers sold in India are under 350 CC. Why not keep it simple and make 18% applicable to everything? By excluding the top 1–2% by volume, we create distortions,” he argued.
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