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The us military buys tanks from toyata8/24/2023 “The popular belief is that the CSD customers’ money is paid to the car dealer or kept by the CSD but the amount is actually transferred within 48 hours to the Consolidated Fund of India,” the officer said. This, the officer said, resulted in a carryover liability of Rs 4,500 crore that is to be paid to car manufacturers. He added that last year, car sales were over Rs 6,000 crore, or over one-third of the CSD budget, resulting in the budget itself being overshot. “While there was a 17 per cent decrease in car sales in the country for the 2018-19 fiscal period, there was a 20 per cent increase in car sales through the CSD in the same period.” “More car sales in CSD means more loss to the exchequer,” an officer explained. The 50 per cent rebate is viewed as a loss to the exchequer. It is not part of the defence budget but is drawn from the miscellaneous head.įor products such as cars, the CSD negotiates a price with the dealers before the government steps in with a 50 per cent GST rebate on the reduced price. Official sources in the defence establishment say that Rs 17,000 crore is the annual sanctioned budget for the CSD. Military personnel along with civilians working in the defence establishment rely on the CSD canteens for the purchase of cars and other entities as apart from a Goods and Services Tax (GST) exemption, they get regular cash benefits.Īlso read: There are 46 upgraded AN-32 aircraft, but none deployed in the Northeast As a result of the change, military personnel can buy one car during service and one after retirement but with the gap of eight years. The government has also clamped down on the frequency of purchase, reducing it to one vehicle in eight years from the earlier one in four years. Those in the pay level of 3A to 9 can buy vehicles with a capacity of up to 1,400 CC that cost within Rs 5 lakh.īefore the new rules kicked in, there was no limit on the capacity or price of vehicles that could be bought through the CSDs. Even here, military personnel will not be able to buy the top end model of the Creta.Īlso read: Indian armed forces upset as Modi govt imposes curbs on car sales at military canteensĪ letter issued by the quartermaster general’s branch at the Army Headquarters on 24 May has stated that from 1 June, only vehicles with an engine capacity of up to 2,500 CC and costing up to Rs 12 lakh (excluding GST) will be available at the CSDs for armed forces personnel in the pay level of 10-18. Under these rules, high-end sedans such as the Skoda Octavia, Skoda Superb and seven of the eight models of Corolla Altis are also off the shelf.Īll popular hatchbacks, however, are still available and so are the mid-range SUVs such as the Hyundai Creta and Ford Ecosport.
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