Budget 2019

Budget 2019

Budget 2019

Feb 25, 2019 GST by ravindra

The Automotive Component Manufacturers Association (ACMA) has reiterated its demand for a uniform 18% GST for all auto components, besides a need for encouraging technology development & acquisitions.

The apex body of the Indian auto component industry, in its pre-budget proposals to the Government, has further pitched for increasing the rate of weighted deduction on R&D spend and called for a reduction of import duty on aluminium and steel.

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