https://www.taxtmi.com/news?id=17538 Implementation of GST is expected to lower the effective tax burden on the auto ancillary industry and alter vehicle pricing, sourcing strategies, distribution costs and dealer margins. Critically, broader availability of input tax credit under IGST and SGST will remove the need for suppliers to co-locate with OEMs to preserve VAT credit chains, enabling geographic redistribution of manufacturing, reducing capital investments and improving working capital flows for component manufacturers. en-us Sat, 04 Mar 2017 10:45:02 +0530 Sat, 04 Mar 2017 10:45:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17538 Implementation of GST is expected to lower the effective tax burden on the auto ancillary industry and alter vehicle pricing, sourcing strategies, distribution costs and dealer margins. Critically, broader availability of input tax credit under IGST and SGST will remove the need for suppliers to co-locate with OEMs to preserve VAT credit chains, enabling geographic redistribution of manufacturing, reducing capital investments and improving working capital flows for component manufacturers. News - Sat, 04 Mar 2017 10:45:02 +0530 https://www.taxtmi.com/news?id=17538