https://www.taxtmi.com/news?id=56667 The Goods and Services Tax reform consolidated multiple rates into a slabbed GST structure with lower and higher tiers, producing price reductions aimed at stimulating consumption; industry forecasts anticipate that the lower GST tier will materially increase light commercial vehicle demand during the festival season, prompting manufacturers to expand distribution and after sales service touchpoints to support higher sales volumes. en-us Tue, 23 Sep 2025 19:16:03 +0530 Tue, 23 Sep 2025 19:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=56667 The Goods and Services Tax reform consolidated multiple rates into a slabbed GST structure with lower and higher tiers, producing price reductions aimed at stimulating consumption; industry forecasts anticipate that the lower GST tier will materially increase light commercial vehicle demand during the festival season, prompting manufacturers to expand distribution and after sales service touchpoints to support higher sales volumes. News - Tue, 23 Sep 2025 19:16:03 +0530 https://www.taxtmi.com/news?id=56667