A showroom in the car that announces the benefits of the GST reduction in Chennai. | Photocredit: Bijoy Ghosh Auto dealers have witnessed unprecedented walk-ins, a peak in questions and registration deliveries in most segments in the first two days of GST 2.0 and Navratri. Maruti Suzuki India (MSIL), Hyundai Motor India (HMIL) and Tata […]
New Delhi: Minister of Trade and Industry Piyush Goyal Wednesday insisted on Auto Dealer Associations to pass on the benefits of the tax cuts of goods and services to the consumer. During the car Retail Conclave organized by the Federation of Automobile Dealers Associations (FADA), he also said that foreign companies also want to invest […]
Consequences include the liquidity stress of party season, criminal interest, potential infringements of the covenant and the refinancing pressure on banks/NBFCs exactly when the inventory is building before the September-to-Diwali peak | Photocredit: Velankanni Raj B New Delhi The Federation of Automobile Dealers Associations (FADA) has written to Minister of Finance Nirmala Sitharaman and has […]
Automobile and consumer electronics dealers are careful for the crucial party season, because they are waiting for an imminent reduction of goods and service tax (GST) and product prices. The dealers slowly continue with the addition of inventory to maintain working capital and to prevent funds in the input tax credit from being locked if […]