New Delhi sources have stated that the Indian arm of Japanese car maker, Honda Cars India will for the first time commence exports of the fully assembled 1.6L diesel engine from its Tapukara plant in Rajasthan. Exports start from July this year.
It was stated that another first to the car makers credit will be making the complete 1.6L diesel engine in India as currently it does not have any product that is powered by this specific diesel motor in the local market. This news was confirmed to the sources close to the development.
Meanwhile the first market the diesel engine will be headed for will be Thailand where Honda has a large manufacturing set up for designing, developing and manufacturing vehicle platforms. Thailand is also a large automotive market and hence the need for the higher displacement diesel motor, in an India like market.
Moreover it was added that from Thailand the 1.6L diesel will be exported to other Honda factories in different geographies like Philippines for use in the carmakers global models.
GST not imposed for second hand car sold by an individual New Delhi sources have stated that the Revenue Department had clarified that sale of old jewelry as well as old vehicles by individuals will not attract any GST as the sale is not for furthering any business. Meanwhile when clarifying on Revenue Secretary Hasmukh Adhia's comments yesterday stating that it was informed at GST
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