auto parts gst: Union Budget 2024: Incentivise capex, rationalise GST rates on EVs, components make part of ACMA’s Budget wishlist
Auto components industry body ACMA on Monday called for incentivising capex expenditure, increasing depreciation rates on plant and machinery and rationalising GST rates on EVs and its components, ahead of the upcoming Budget 2024-25. In its recommendations submitted to the Ministry of Finance and the nodal ministry for automotive industry, the Ministry of Heavy Industries, … Read more
