FADA Archives - Topnewsplus

FADA urges FM to resolve compensation cess credit issue under new GST regime ahead of festive season

Topnewsplus1 week ago03 mins

In a letter to Finance Minister Nirmala Sitharaman, the Federation of Automobile Dealers Associations (FADA) requested prompt clarification and assistance on the transitional treatment of accumulated compensation Cess credit under the new GST 2.0 regime. In the detailed letter to the FM, FADA expressed gratitude for the government’s recent measures that streamlined the GST framework,…

auto retail sales india august 2025 growth fada gst 2 festive demand forecast

Topnewsplus1 week ago05 mins

Automobile retail sales in India witnessed a growth of 2.84 per cent year-on-year in the month of August, according to data shared by the Federation of Automobile Dealers Associations (FADA). This was contributed by growth in two-wheelers (2.18 per cent), passenger vehicles (0.93 per cent) and commercial vehicles (8.55 per cent), while tractors recorded an…