Monday, May 6, 2024

Authorised car dealers can claim input tax credit on demo cars: AAR

GST Authority ruled dealers can claim input tax credit on demo cars. Landmark Cars East Pvt Ltd sought ruling on taxation aspects, specified time period for inward supply to potential Mercedes Benz car buyers.

from Auto-Industry-Economic Times https://ift.tt/r27H8Nx

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...