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M&M, Hero MotoCorp, other auto stocks in focus as GST council cuts GST to 18% across sector
Good news for the auto sector as GST rates are set to decrease. The GST Council has approved a reduction from 28% to 18% for specific vehicle categories. Petrol, diesel, and three-wheeled vehicles will benefit. New rates will be effective from September 22, 2025. Experts predict a potential demand surge.
Good news for the auto sector as GST rates are set to decrease. The GST Council has approved a reduction from 28% to 18% for specific vehicle categories. Petrol, diesel, and three-wheeled vehicles will benefit. New rates will be effective from September 22, 2025. Experts predict a potential demand surge.
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