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BusinessEconomic Times ·

UT Registration Rules for Luxury Cars May Cost Dealers Their Licences

Car dealers operating in Union Territories could face the loss of their licences over the handling of registrations for luxury vehicles. The concern centres on whether dealers are complying with the applicable registration requirements for high-end cars. Industry stakeholders are reportedly watching how authorities enforce the rules in the coming period. The article does not provide a full set of details on enforcement timelines or penalties beyond the licence risk.