ROLAND S FOLGER
development, and we see this as a strong deterrent to the overall growth of luxury cars in this country. We strongly feel this may affect our future plans of expansion under the 'Make in India' initiative, which aims at making and selling world-class products in India, with the latest technology. One month was too short a period to consider an upward revision in rates. The market performance should have been watched for at least six months, before it was relooked. The current proposal of increase in cess clubbed with the increased road tax rates will take the effective consumer price above the pre-GST level. Further, states like Maharashtra have already increased the road tax immediately after introduction of GST, almost nullifying the benefit that a customer could have got in the post-GST regime.
How will such inconsistency in the