Auto Parts

Budget 2020: Auto component industry body seeks uniform 18% GST; demands fund to support R&D, indigenous technology development

The industry body also sought import duty exemption on auto component prototypes to encourage domestic R&D and testing.

Traders body CAIT urges govt to lower GST rates on auto parts, aluminium utensils

Traders body CAIT on Thursday urged the government to lower GST rates on various products, including auto parts and aluminium utensils

Ashok Leyland launches variants of Guru, Boss trucks; firm clocks 9% rise in commercial vehicle sales in January

Ashok Leyland last week reported 21.44 percent decline in its standalone net profit at Rs 381 crore for the third quarter ended 31 December, 2018, impacted by pricing pressure and higher input costs.

GST collection drops to Rs 94,726 cr in December; compliance improves as sales returns rise to 72.44 lakh

Renegotiated US-South Korea trade deal may be signed at UN, says Donald Trump

South Korea’s trade ministry is preparing for the possible signing between President Moon Jae-in and US president Donald Trump during the UN meeting next week.