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Hans India
2 days ago
- Business
- Hans India
GST complexities stir discontent among food industry operators
New Delhi: The food and hospitality sector is raising alarms over the complexity of the Goods and Services Tax (GST) regime, which traders say is riddled with inconsistencies that are hurting daily operations. In a bid to address these concerns, a delegation of restaurant owners, hotel operators, dhaba managers, and food traders met Delhi Chief Minister Rekha Gupta at the Delhi Secretariat on Friday. The meeting was organized under the leadership of Brijesh Goyal, chairman of the Chamber of Trade and Industry (CTI), a prominent organization representing traders across the meeting was attended by several key figures from the food industry, including Priyanka Saxena, Sanjay Singhania, Kishan Agarwal, Anand Gupta, Vinay Agarwal, Dhruv Agarwal, and Naveen Gupta. CTI chairman Brijesh Goyal said that food business operators are struggling to comply with varying GST slabs, which often lead to confusion in billing. "For example, dining in a restaurant attracts 5 percent GST. But if the customer orders ice cream afterward, that's taxed at 18 percent. Roti is taxed at 5 percent while paratha is taxed at 18 percent. If a guest orders one roti and two parathas, generating a correct bill becomes difficult," he explained. Goyal also pointed out that if a restaurant has an air conditioner registered under GST,even if it's not in use-then 18 percent GST is levied on all food items served there. The disparity extends to common food items too. Bread is tax-free, but a pizza base carries a 5 percent GST. Lassi served in a glass is exempt from tax, but if packaged, it is taxed at 5 percent. Other irregularities in GST rates have added to the confusion among food traders. Plain cashews are taxed at 5 percent, whereas flavored cashews attract 12 percent GST. Powdered chutney is levied at 5 percent, while the same chutney in liquid form is taxed at 12 percent. Similarly, open namkeen is charged 5 percent GST, but the moment it is packed, the rate jumps to 12 percent. These inconsistencies make billing unnecessarily complex and burdensome for traders. Virendra Jain, president of the Federation of Sweets and Namkeen Manufacturers, said that the current GST structure is making it increasingly difficult to run a business. 'Traders are struggling to avail input tax credit. After hearing the traders' concerns, Chief Minister Rekha Gupta assured the delegation that the issue would be raised in the upcoming GST Council meeting. She also directed Delhi's GST officials to prepare a detailed report outlining the problems faced by the food and hospitality sector.
Hindustan Times
06-07-2025
- Automotive
- Hindustan Times
Used car prices in Delhi drop due to restrictions on end-of-life vehicles, says trade body
Delhi's fuel ban for overage vehicles has impacted the prices of used cars in the state hard. (AFP) Check Offers Prices of the used cars in Delhi have witnessed a sharp drop in recent days, owing to the restrictions on end-of-life (EOL) petrol and diesel vehicles, which were implemented on July 1 by the Delhi government but later rolled back due to mass outrage. Due to the restrictions on the overage vehicles, the national capital has witnessed prices of pre-owned cars in the city slumping by up to 50 per cent. PTI has reported, citing the Chamber of Trade and Industry (CTI) Chairman Brijesh Goyal, that the market for overage vehicles in Delhi has been severely affected. The restrictions on overage petrol and diesel vehicles in Delhi have impacted nearly 60 lakh vehicles. Goyal reportedly said that the price crash for used cars is attributed to the restrictions related to End-of-Life (EOL) vehicles, which have crossed the permissible age limit for operation in Delhi. He also claimed that traders are being forced to sell cars at significantly lower prices. "In the last five days, the prices of second-hand cars have dropped by 40 to 50 per cent. Businessmen in Delhi are now compelled to sell vehicles at one-fourth of their original price," Goyal reportedly said. The pre-owned cars from Delhi are usually sold in states such as Punjab, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Karnataka and Kerala. More than 1,000 traders in areas like Karol Bagh, Preet Vihar, Pitampura, and Moti Nagar in Delhi are involved in the business of selling used vehicles. Now, the demand from outside states is accompanied by aggressive bargaining. "Luxury used cars that earlier fetched ₹ six to seven lakh are now being sold for barely ₹ four to five lakh. Buyers from other states are aware of the challenges faced by Delhi-based traders and are negotiating accordingly," Goyal said. Car dealers have also raised concerns over difficulties in obtaining the No Objection Certificate (NOC) from the Transport Department, which is required to sell used vehicles in other states. Earlier, the process was relatively smooth, but now traders say they are facing delays and complications. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 06 Jul 2025, 09:22 AM IST
Hans India
05-07-2025
- Automotive
- Hans India
Second-hand car prices in Delhi drop heavily
New Delhi: Prices of second-hand cars in the national capital have witnessed a sharp fall in recent days, with traders reporting a decline of 40 to 50 per cent, the Chamber of Trade and Industry (CTI) said on Friday. CTI Chairman Brijesh Goyal has said the market for overage vehicles in Delhi has been severely affected, with nearly 60 lakh vehicles impacted by the sudden downturn. He attributed the price crash to restrictions related to End-of-Life (EOL) vehicles, which have crossed the permissible age limit for operation in Delhi. Goyal, also an automobile businessman, claimed that traders were being forced to sell cars at significantly lower prices. "In the last five days, the prices of second-hand cars have dropped by 40 to 50 per cent. Businessmen in Delhi are now compelled to sell vehicles at one-fourth of their original price," he said. He said that second-hand cars from Delhi were usually sold in Punjab, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Karnataka and Kerala. However, the demand from outside states was now accompanied by aggressive bargaining. "Luxury used cars that earlier fetched Rs six to seven lakh were now being sold for barely Rs 4 lakh to Rs 5 lakh. 'Buyers from other states are aware of the challenges faced by Delhi-based traders and are negotiating accordingly," Goyal said. He further added that over 1,000 traders in areas like Karol Bagh, Preet Vihar, Pitampura, and Moti Nagar were involved in the business of selling second-hand vehicles. Car dealers have also raised concerns over difficulties in obtaining the No Objection Certificate (NOC) from the Transport Department, which is required to sell used vehicles in other states. Earlier, the process was relatively smooth, but now traders say they were facing delays and complications. The Delhi government had banned fuel for end-of-life vehicles -- 10 years or older for diesel vehicles and 15 years or older for petrol vehicles -- that are deregistered and not allowed to ply on the roads from July 1, following a court order. However, on Thursday, the government requested the Commission for Air Quality Management (CAQM) to put the ban on hold with immediate effect, arguing that the fuel ban on overage vehicles was not feasible due to technological challenges.
Time of India
05-07-2025
- Automotive
- Time of India
Second-hand car prices in Delhi drop due to restrictions on end-of-life vehicles, says trade body
Prices of second-hand cars in the national capital have witnessed a sharp fall in recent days, with traders reporting a decline of 40 to 50 per cent, the Chamber of Trade and Industry (CTI) said on Friday. CTI Chairman Brijesh Goyal said the market for overage vehicles in Delhi has been severely affected, with nearly 60 lakh vehicles impacted by the sudden downturn. He attributed the price crash to restrictions related to End-of-Life (EOL) vehicles, which have crossed the permissible age limit for operation in Delhi. Goyal, who is also an automobile businessman, claimed that traders are being forced to sell cars at significantly lower prices. "In the last five days, the prices of second-hand cars have dropped by 40 to 50 per cent. Businessmen in Delhi are now compelled to sell vehicles at one-fourth of their original price," he said. He said that second-hand cars from Delhi are usually sold in Punjab, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Karnataka and Kerala. However, the demand from outside states is now accompanied by aggressive bargaining. "Luxury used cars that earlier fetched Rs six to seven lakh are now being sold for barely Rs four to five lakh. Buyers from other states are aware of the challenges faced by Delhi-based traders and are negotiating accordingly," Goyal said. He further added that over 1,000 traders in areas like Karol Bagh, Preet Vihar, Pitampura, and Moti Nagar are involved in the business of selling second-hand vehicles. Car dealers have also raised concerns over difficulties in obtaining the No Objection Certificate (NOC) from the Transport Department, which is required to sell used vehicles in other states. Earlier, the process was relatively smooth, but now traders say they are facing delays and complications. The Delhi government had banned fuel for end-of-life vehicles -- 10 years or older for diesel vehicles and 15 years or older for petrol vehicles -- that are deregistered and not allowed to ply on the roads from July 1, following a court order. However, on Thursday, the government requested the Commission for Air Quality Management (CAQM) to put the ban on hold with immediate effect, arguing that the fuel ban on overage vehicles is not feasible due to technological challenges.
Economic Times
04-07-2025
- Automotive
- Economic Times
Second-hand car prices in Delhi drop due to restrictions on end-of-life vehicles, says trade body
Second-hand car prices in Delhi have plummeted by 40-50% due to restrictions on older vehicles, according to the Chamber of Trade and Industry. Chairman Brijesh Goyal noted that nearly 60 lakh vehicles are affected, forcing traders to sell at significantly reduced prices. Demand from other states like Punjab and Uttar Pradesh is accompanied by aggressive bargaining, further impacting profits. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Prices of second-hand cars in the national capital have witnessed a sharp fall in recent days, with traders reporting a decline of 40 to 50 per cent, the Chamber of Trade and Industry (CTI) said on Chairman Brijesh Goyal said the market for overage vehicles in Delhi has been severely affected, with nearly 60 lakh vehicles impacted by the sudden attributed the price crash to restrictions related to End-of-Life (EOL) vehicles, which have crossed the permissible age limit for operation in who is also an automobile businessman, claimed that traders are being forced to sell cars at significantly lower prices."In the last five days, the prices of second-hand cars have dropped by 40 to 50 per cent. Businessmen in Delhi are now compelled to sell vehicles at one-fourth of their original price," he said that second-hand cars from Delhi are usually sold in Punjab, Rajasthan, Uttar Pradesh, Bihar, Tamil Nadu, Karnataka and Kerala. However, the demand from outside states is now accompanied by aggressive bargaining."Luxury used cars that earlier fetched Rs six to seven lakh are now being sold for barely Rs four to five lakh. Buyers from other states are aware of the challenges faced by Delhi-based traders and are negotiating accordingly," Goyal further added that over 1,000 traders in areas like Karol Bagh, Preet Vihar, Pitampura, and Moti Nagar are involved in the business of selling second-hand dealers have also raised concerns over difficulties in obtaining the No Objection Certificate (NOC) from the Transport Department, which is required to sell used vehicles in other the process was relatively smooth, but now traders say they are facing delays and Delhi government had banned fuel for end-of-life vehicles -- 10 years or older for diesel vehicles and 15 years or older for petrol vehicles -- that are deregistered and not allowed to ply on the roads from July 1, following a court on Thursday, the government requested the Commission for Air Quality Management (CAQM) to put the ban on hold with immediate effect, arguing that the fuel ban on overage vehicles is not feasible due to technological challenges.
