Company in talks with Gujarat, Maharashtra for reduction in the 12% tax
Maruti Udyog Ltd (MUL) is in talks with the Gujarat and Maharashtra governments to reduce the rate of sales tax, at 12 per cent, levied on second-hand car sales.
MUL, which buys and sells pre-owned Maruti cars under the True Value umbrella, is yet to kick off the business in the two states. True Value is at present available in 59 outlets spread across 37 cities.
