Auto industry body calls for lower excise duty on cars, incentive for scrappage

摘要

The Society of Indian Automobile Manufacturers has also called for merging road tax, octroi and R&D cess under GST In its representation to the Union finance ministry, the Society of Indian Automobile Manufacturers (Siam) has said automobiles are among the highest taxed manufactured products and rationalisation of taxes will increase sales and contribute to employment.