New Delhi, September 04, 2025: The Automotive Component Manufacturers Association of India (ACMA) warmly welcomes the landmark decision of the GST Council to bring all auto components under a uniform 18% GST slab.
Ms. Shradha Suri Marwah, President, ACMA, said, “On behalf of the auto component industry, I extend our deep gratitude to the Hon’ble Prime Minister, Shri Narendra Modi, and the Hon’ble Finance Minister, Smt. Nirmala Sitharaman, for this historic reform. The rationalisation of GST to a uniform 18% across all auto components has been a long-standing recommendation of ACMA. This decisive step will curb the grey market, encourage the use of quality compliant components, ease compliance, and support MSMEs – thereby strengthening the global competitiveness and resilience of India’s USD 80.2 billion auto component industry.”
She added, “We also welcome the GST Council’s approval for faster export refund claims through ICEGATE for smaller exporters, which will help clear pending shipping bills and significantly ease liquidity constraints.”
About ACMA: The Automotive Component Manufacturers Association of India (ACMA), with membership of over 1,100, is the apex body of the Indian Auto Component Industry. In FY2025, the combined turnover of the Auto Component Industry stood at USD 80.2 billion with USD 22.9 billion in exports and a trade surplus of USD 300 million.
