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Hero MotoCorp pitches for 18% GST on two-wheelers
short by Shruti Maria Mahendar / on Wednesday, 2 January, 2019
India's largest two-wheeler maker Hero MotoCorp has called for reduction in Goods and Services Tax (GST) rate on two-wheelers to 18% from 28%. There's a need to reduce GST rate of two-wheelers from the bracket of luxury goods since they provide basic mobility to masses, the motorcycle manufacturer said. Hero MotoCorp recorded sales of over 80 lakh units last year.
read more at Bloomberg Quint