Nitin Gadkari withdraws his GST remark on diesel
Tuesday, 12 September 2023
Road transport minister Nitin Gadkari caused a stir in the car industry by initially suggesting a 10% additional GST on diesel vehicles, which led to a drop in share prices for companies such as Mahindra & Mahindra and Tata Motors. However, Gadkari quickly retracted his statement, stating that there was no such proposal under consideration by the government.
Road transport minister Nitin Gadkari caused a stir in the car industry by initially suggesting a 10% additional GST on diesel vehicles, which led to a drop in share prices for companies such as Mahindra & Mahindra and Tata Motors. However, Gadkari quickly retracted his statement, stating that there was no such proposal under consideration by the government.
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