Indian suppliers association ACMA calls for 10% excise duty on auto parts
Also seeks early implementation of GST, elimination on custom duty on some raw materials
The Auto Component Manufacturers Association of India (ACMA) has urged the Indian government to restore excise duty on auto parts to 10%, from 12% currently, in the upcoming Union Budget for financial year 2015-16, reports The Economic Times.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
