Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Maharashtra land sold by General Motors to Hyundai attracts 18% GST, says ruling
The New Indian Express Thiruvananthapuram
|April 12, 2025
THE transfer of Talegaon, Maharashtra, land by General Motors India to Hyundai Motor India Ltd (HMIL) is liable to 18% GST, the advance ruling authority of the state has said in a recent order.
The ruling comes in the context of transfer of GM's ₹787 crore worth of Talegaon facility assets (leasehold industrial plot, buildings, and plant and machinery) to HMIL after the former stopped manufacturing activities and business as a going concern.
This story is from the April 12, 2025 edition of The New Indian Express Thiruvananthapuram.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Thiruvananthapuram
The New Indian Express Thiruvananthapuram
SISTER'S MEMORY BIGGEST DRIVING FORCE FOR YAN
EARLY on Sunday morning (IST), Ivory Coast and Yan Diomande will play their second game of the group stages. For a fair few of them, including Diomande, this would be one of the most important games of their careers.
2 mins
June 19, 2026
The New Indian Express Thiruvananthapuram
Bata India appoints Nike’s Sanjay Rao as new MD & CEO; shares increase 17%
FOOTWEAR major Bata India has appointed Nike veteran Sanjay Rao as its MD and CEO.
1 min
June 19, 2026
The New Indian Express Thiruvananthapuram
Qadian-Beas rly project revived after 100 years
BARELY 40 kilometres apart, Qadian and Beas have waited nearly a century for railway tracks to bridge the distance. The wait may finally be over with the revival of the long-pending rail link project.
1 mins
June 19, 2026
The New Indian Express Thiruvananthapuram
Bihar brutality: 28-yr-old woman gang-raped by 5 holding husband captive
A 28-year-old married woman was gang raped by five youths after her husband was held captive in Bihar’s Begusarai district.
1 mins
June 19, 2026
The New Indian Express Thiruvananthapuram
Sand mining: Four of family held for killing of BJP leader
THE Chhattisgarh Police has made four arrests in the sensational case of violence that took place between two rival factions involved in sand mining in the Korea district that left three people dead.
1 mins
June 19, 2026
The New Indian Express Thiruvananthapuram
Probe report into maternal deaths sparks Kota row
THE report of the probe into the deaths of five pregnant women last month after cesarean deliveries has identified medical negligence at Kota’s New Medical College Hospital, administrative shortcomings, and poor infection control measures as the primary factors behind the deaths.
1 min
June 19, 2026
The New Indian Express Thiruvananthapuram
AI adoption outpaces training, companies struggle to keep up
AI adoption is moving faster than organisations’ ability to train workers and adapt skills to changing job requirements, while expectations around the technology continue to run ahead of its real-world capabilities, according to experts.
1 min
June 19, 2026
The New Indian Express Thiruvananthapuram
ACCENTURE LOWERS 2026 REVENUE GROWTH OUTLOOK
FOCUS ON CYBERSECURITY BIZ
1 min
June 19, 2026
The New Indian Express Thiruvananthapuram
SpaceX spending $60 billion to buy Cursor
SPACEX has agreed to acquire AI coding startup Cursor in a $60 billion all-stock deal, marking one of the biggest acquisitions involving a venture-backed software company and signalling a wider push into artificial intelligence beyond rockets and satellites.
2 mins
June 19, 2026
The New Indian Express Thiruvananthapuram
L’Oréal acquires majority stake in personal care brand Innovist
FRENCH cosmetic giant L’Oréal announced on Thursday that it has signed an agreement to acquire a majority stake in Innovist, a personal care brand in India.
1 min
June 19, 2026
Listen
Translate
Change font size