Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
SC gives carmakers 10-day window to sell BS-IV stock after lockdown ends
short by Kiran Khatri / on Friday, 27 March, 2020
The Supreme Court has relaxed the March 31 deadline and allowed the sale of BS-IV vehicles for ten days after lockdown due to coronavirus is lifted. Indian carmakers will be allowed to sell 10% of their BS-IV stock during this period, except in Delhi-NCR region. The unsold inventory is worth over ₹7,000 crore, the Federation of Automobile Dealers Associations said.
read more at BloombergQuint