Auto numbers have a story to tell

In June 2017, carmakers cut down production due to the provision, that GST would not be available for left-over stock

Premium

Devangshu Datta

Last Updated : Nov 01 2018 | 5:27 AM IST

The Q2 (July-Sep 2018) results are hard to analyse, due to the unusual activity during July-Sep 2017, a year ago. The GST (goods and services tax) was launched in July 2017 and it caused a period of serious disruption. It is possible to deseasonalise repetitive events like festivals with some confidence, due to data accumulation over many years. But GST was a one-off.

A look at the auto industry may be useful. In June 2017, carmakers cut down production due to the provision, that GST would not be available for left-over stock. Despatches in June 2017 were very low. In

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in