24 Jun, 2024

DGGI seeks higher GST from auto parts makers

Goods and services tax authorities have raised higher tax demands to several automotive component manufacturers, citing a Supreme Court judgment regarding a company owned by the West Bengal government.

The Directorate General of Goods and Services Tax Intelligence (DGGI) sent notices to at least 17 such companies in the last 45 days alone with total tax demands of over ₹1,200 crore, said people were close to the development. Officials said the amount could go up further as more notices will be sent.

“Going by the Supreme Court order in the case of M/s Westinghouse Saxby Farmer, parts used exclusively for the auto industry have to pay higher tax and there cannot be two principles of taxation for the two industries,” a senior tax official told ET .

The matter involves manufacturers of engines, horns, locks, lights, sensing devices, valves, switch panels, LCD screens used in dashboard displays, oil seals and other electronic components, among other vehicle parts.

While these manufacturers have been paying GST on the parts at lower rates, usually 18%, tax authorities have claimed that a rate of 28% is applicable since that is the GST rate applicable on ‘parts and accessories of motor vehicles’ as per the

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Repco, Supercheap fined by consumer watchdog over button battery products

Australian automotive accessory retailers Repco and Supercheap Auto have been fined for supplying car key remotes that allegedly breached warning requirements for products powered by button batteries.

The Australian Competition and Consumer Commission (ACCC) issued infringement notices to the Innovative Mechatronics Group (IMG) over four different models of replacement car key remotes supplied by IMG to Repco and Supercheap Auto that allegedly failed to include the required safety warning labels about the hazards associated with button batteries, which is a serious safety risk to children.

It also fined Repco and Supercheap Auto for supplying two types of car key remotes to consumers.

The supplier of the car remotes and retailers Repco and Supercheap Auto have all been fined. (Supplied)

Mandatory safety and information standards were introduced in 2022 following the deaths of three children caused by button batteries.

IMG paid $59,640 in penalties, while Repco and Supercheap Auto paid $33,000 and $26,640 respectively.

While the packaging of the car key remotes supplied by IMG and sold to consumers by Repco and Supercheap Auto featured a QR code that linked to a website that contained a warning symbol and information about button batteries, the ACCC said it did not meet the

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Daycare center left damaged after being struck by stolen car on Chicago’s South Side

Car crashes into South Side daycare


Car crashes into South Side daycare

00:49

CHICAGO (CBS) – A car slammed into a daycare center on the city’s South Side overnight.

The crash left damage outside of the daycare in Calumet Heights along Stony Island near 88th Street.

Tamera Fair, the CEO of Premier Child Care Centers, said she found out about the crash around 10:30 pm Saturday.

She says police told her that the car was stolen.

“Whoever crashed it fled the scene. The keys were in the car, no broken windows, the steering column was not tampered with. So, we really don’t know what happened. We’re going to ask our neighbors if we can look at their cameras and see if we can get some answers from there,” she said.

Fair says this isn’t the first time a crash like this has happened.

They’re waiting on the Building Department to find out if they can reopen on Monday.

1 min read