Retrospective levy of cess bleeds auto sector
The Morning Standard|October 15, 2024
THE retroactive clarification issued by the GST Council regarding compensation cess is causing significant turmoil in India's automobile sector as companies are now facing show cause notices demanding payment on past vehicle sales.
MONIKA YADAV @ New Delhi

As per sources, carmakers have received tax notices worth ₹10,000 crore for failing to pay compensation cess, which is part of the goods and services tax (GST), on utility vehicles sold prior to the issuance of clarification in 2022. This issue affects several popular models in the segment, including Mahindra's Thar and Scorpio, Tata Motors' Safari and Harrier, and Maruti's Brezza, among others.

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FLERE HISTORIER FRA THE MORNING STANDARDSe alt
The Morning Standard

Service to people is real worship of Mother India: RSS

RSS chief Mohan Bhagwat on Sunday said that worshipping \"Mother India\" is equal to serving people and protecting environment and biodiversity.

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1 min  |
January 06, 2025
The Morning Standard

South Koreans protest in snow as Yoon arrest deadline nears

THOUSANDS of South Koreans braved a snowstorm Sunday to rally in support or opposition of President Yoon Suk Yeol, suspended over a failed martial law bid and resisting arrest a day before the warrant expires.

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1 min  |
January 06, 2025
LEARNING ON THE ROAD
The Morning Standard

LEARNING ON THE ROAD

Delhi's Somit Makar is on an ambitious 10,000-plus km solo road journey championing the cause of road safety. TMS catches up with the entrepreneur and adventure enthusiast on trip highlights, his mission and invaluable lessons from his travels.

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3 mins  |
January 06, 2025
For The Crowning Glory
The Morning Standard

For The Crowning Glory

BACK TO NATURE

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2 mins  |
January 06, 2025
Deva teaser: Shahid Kapoor looks feverishly ferocious
The Morning Standard

Deva teaser: Shahid Kapoor looks feverishly ferocious

The teaser of Shahid Kapoor-headliner Deva was released by the makers on Friday.

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1 min  |
January 06, 2025
Delhi ended 2024 on a high note...
The Morning Standard

Delhi ended 2024 on a high note...

DELHIITES did end their 2024 on a high note. The city danced on every beat with the performance of musical prodigy Dhvani Bhanushali at The Leela Ambience Convention Hotel recently.

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2 mins  |
January 06, 2025
MORE QUESTIONS THAN ANSWERS
The Morning Standard

MORE QUESTIONS THAN ANSWERS

GAUTAM Gambhir was sitting at the press conference room of the Sydney Cricket Ground.

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4 mins  |
January 06, 2025
Pat on the back for Cummins and Co
The Morning Standard

Pat on the back for Cummins and Co

VIRAT Kohli is pumped up. He runs in from first slip, hands aloft towards Mohammed Siraj. The pacer had just removed Usman Khawaja with a little over 50 runs to defend. After a frustrating half day on the field, it was the chance India needed. It was the moment of hope they wanted to keep fighting.

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1 min  |
January 06, 2025
Award Motivates Players Even More, Says Sanjay
The Morning Standard

Award Motivates Players Even More, Says Sanjay

AT 23, Sanjay was the youngest member of the Indian hockey team that won the bronze medal at the Paris Olympics.

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2 mins  |
January 06, 2025
Hard-fought win for nine-man Kerala in ISL
The Morning Standard

Hard-fought win for nine-man Kerala in ISL

KERALA Blasters earned a hard-fought 1-0 away victory over Punjab FC in the Indian Super League in New Delhi on Sunday.

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1 min  |
January 06, 2025