Indian suppliers association ACMA calls for 10% excise duty on auto parts

News
Policy & Regulation

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.

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