While car buyers rejoice, dealers with old inventory stare at Rs...

While car buyers rejoice, dealers with old inventory stare at Rs 2,500 crore hit

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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.

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