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GST Cut Buzz: Buyers Delay Purchases, Auto Stocks Gear Up For Festive Surge

Summary by News18 India
Indian auto buyers are postponing purchases in anticipation of a GST rate cut that could slash vehicle prices by up to 10% before Diwali

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GST Reforms: After the announcement of Goods and Services Tax reforms by PM Narendra Modi on the occasion of Independence Day, most car buyers are waiting for a reduction in the price of cars. The Dealers Association says that due to this, customers are postponing their decision to buy a car, which will affect the sale of cars during the festive season.

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आज तक broke the news in on Tuesday, August 26, 2025.
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