GST cut to increase sales of light commercial vehicles by 30 pc during festivals: Ashok Leyland official
GST
Dated:- 23-9-2025
PTI
Indore, Sep 23 (PTI) Lower rates of Goods and Services Tax (GST) that took effect from Monday are expected to boost sales of light commercial vehicles (LCVs) by 25 to 30 per cent during the festival season between September and October, a senior official of Ashok Leyland said on Tuesday.
“The move to reduce GST rates is a historic tax reform of this century. We expect this to lead to a 25 to 30 per cent increase in LCV sales during the current festive season between September and October compared to the same period last year,” Viplav Shah, head of LCV business at the Hinduja Group's flagship firm,
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