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
- Why A Family-Style Dinner Is More Than Just A Meal
- Bond market push: Govt eyes Bloomberg index inclusion with latest G-Sec reforms
- Adani to invest 1.5L cr in Kutch
- Bullion weakens: Silver down Rs 2k, gold slips Rs 600 ahead of Trump’s Iran deadline
- On CCTV, Man Attacks Passengers With Machete On Odisha Bus
- Arambai Tenggol Backs Manipur Government Move To Check Illegal Entry To State
- 5,000 Foreign Facebook Accounts Suddenly Active In Assam: Himanta Sarma
-
“Feel Very Proud”: Chief Justice On 92% Voter Turnout In Bengal
- India-US trade deal: Top stocks that will benefit from reduced 18% tariffs – check sector-wise list
- Sensex up on India-US trade talk optimism