Mercedes-Benz India managing director and CEO Roland Folger is hopeful of the Goods and Services Tax (GST) structure subsuming the green cess levied on registration of diesel cars above 2000 cc in the National Capital Region. The cess came into force after ban on registration of diesel cars above 2000 cc in NCR was lifted in August by the Supreme Court. To queries, he said the diesel ban in NCR that was in place from December last year had led to “not so dramatic” shift in the sale of petrol and diesel cars for Mercedes. From 80 per cent prior to the ban, the share of diesel cars in the overall sales has dropped to 70 per cent. Admitting that the diesel car ban and GST were factors of uncertainty in the overall planning for Mercedes, he said the company was trying its best to deal with the situation.
Source: The Hindu October 17, 2016 18:11 UTC