High GST rate is a big factor in low sales of entry-level cars: FADA
Goods and services tax (GST) should come down to at least 18 per cent for automobiles, as it is one of the main reasons for small cars and entry-level two-wheelers not picking up sales, Manish Raj Singhania, President, Federation of Automobile Dealers Associations (FADA), said on Monday. High taxation matters a lot for the customers in rural and smaller cities, he added.
