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GST will not affect the price of small cars: Jaitley

Union Finance Minister Arun Jaitley has reportedly said that the Goods and Services Tax, which is scheduled to be rolled out on July 1, will not increase the prices of small cars. According to reports, Jaitley also added that the small cars are currently taxed at 31% and 29%, while the same rate would be maintained after the GST roll-out.

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