GST reset brings balance back to India's commercial vehicle market: Antique - Business Standard

After years of distortion driven by tax arbitrage rather than freight fundamentals, India’s commercial vehicle (CV) industry appears to be moving towards a more sustainable equilibrium. Insights from a recent Antique Stock Broking note, based on discussions with a senior board member of a notable fleet operators’ association, suggest that the recalibration of the GST regime could mark a structural…