While car buyers rejoice, dealers with old inventory stare at Rs 2,500 crore hit
Indian passenger vehicle dealers face a potential loss of ₹2,500 crore due to the lapse of the compensation cess on September 22. Dealers holding older stock purchased at higher tax rates risk financial strain, with no clear mechanism for cess refund.🕒 1 min read
Indian passenger vehicle dealers face a potential loss of ₹2,500 crore due to the lapse of the compensation cess on September 22. Dealers holding older stock purchased at higher tax rates risk financial strain, with no clear mechanism for cess refund.
Continue Reading
- India readies 4-pronged trade deal strategy
- Delhi Fire Service Took Over 4 Lakh Emergency Calls In 15 Years
- India T20 World Cup squad announcement: Time, date, venue, live streaming details
-
New Zealand vs South Africa, Zimbabwe T20I Tri-Series, Highlights: Seifert’s fireworks power NZ to 7-wicket win
-
India-US trade deal: Goyal signals ‘good news’ soon once ‘fair’ pact reached; farmers, fishermen and small industry in focus
-
Delhi Government To Build ‘Silt Traps’ Along Drains To Prevent Waterlogging
- Rupee rebounds as RBI support, softer dollar offer relief; ends day at 89.96 per USD
-
Morocco’s King Accepts Trump’s Invitation To Join Gaza ‘Board Of Peace’
-
‘Can You Say Prayer With Me?’: Injured Boy Asks Doctor After Minneapolis Shooting
- Singapore Blocks Social Media Posts Inciting Racial Discord Against Indians
