FY23 Budget wishlist: ACMA seeks uniform 18% GST for all auto components

Auto components industry body ACMA on Tuesday said it has urged the government for a uniform  GST  rate of 18 per cent on all auto parts to curb the impact of counterfeits in the aftermarket operations. In its pre-Budget recommendations, the Automotive Component Manufacturers Association (ACMA) also asked the government to consider upward vision of RoDTEP (Remission of Duties and Taxes o…