Mercedes calls for uniform road taxes for long-term growth

The recent GST rate cut is likely to make the upcoming festival season the best-ever’ for the luxury carmaker, but there is a need to cap road taxes levied by states on car purchases for long-term growth of the industry, Mercedes -Benz India MD and CEO Santosh Iyer said. In an interaction with PTI, Iyer noted that to help cost reduction measures trickle down to the end customer, some uniformity is required in road taxes levied by states across the country. While welcoming the GST rate rationalisation, he pointed out that the automotive sector remains one of the highest taxed, with state levies ranging from 15 to 22 per cent across the country.

Source: Business Standard