The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an
The Goods and Services Tax (GST) rates on certain items, including cigarettes, carbonated drinks, and luxury cars, may soon see a hike, according to government sources. This change is being considered as part of a proposal to replace the existing compensation cess with a new health and green cess, aimed at promoting sustainability and addressing health concerns. Currently, items like cigarettes, carbonated drinks, an
A prominent luxury car dealer from Hyderabad, Basharat Khan, has been arrested in Gujarat for his alleged involvement in a massive customs duty evasion racket worth nearly Rs 100 crore. According to officials from the Directorate of Revenue Intelligence (DRI), Khan manipulated the import process of high-end vehicles by undervaluing them and using fake documentation to bring the cars into India illegally. Khan, who runs the ‘Car Lounge’ showroom in Hyderabad and has been
A prominent luxury car dealer from Hyderabad, Basharat Khan, has been arrested in Gujarat for his alleged involvement in a massive customs duty evasion racket worth nearly Rs 100 crore. According to officials from the Directorate of Revenue Intelligence (DRI), Khan manipulated the import process of high-end vehicles by undervaluing them and using fake documentation to bring the cars into India illegally. Khan, who runs the ‘Car Lounge’ showroom in Hyderabad and has been