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Acquisition cost of fleet operators to decline after GST reduction: Crisil Ratings
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....cquisition cost of fleet operators to decline after GST reduction: Crisil Ratings<BR>GST<BR>Dated:- 27-10-2025<BR>PTI<BR>Kolkata, Oct 27 (PTI) Crisil Ratings said post the rationalisation of GST on co....
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....mmercial vehicles, acquisition of new fleet by the operators would decline substantially. It said in a statement on Monday that GST on commercial vehicles has been reduced to 18 per cent from 28 per ....
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....cent. "This will bring down the acquisition cost of fleet operators," it said. Domestic commercial fleet operators are expected to clock a revenue growth of eight per cent to ten per cent this finan....
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....cial year, according to the statement. Strong domestic demand and import-related fleet requirements will drive growth. Higher revenues and stable margins will result in improved cash flows, which wil....
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....l partially fund the incremental working capital requirement, the statement said. Dependence on external short-term debt will be limited, and operators will undertake additions to their fleets funded ....
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....by long-term loans. Increased fleet utilisation will ensure operating margins to remain stable between eight per cent to 8.5 per cent, according to the statement. PTI dc RG<BR> News - Press release -....
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.... PIB....