Central Goods and Services Tax officers in Hyderabad discovered a rise in the distribution of products as freebies for this elections. CGST officials searched illegal godowns in several parts of Telangana, including traders in Hyderabad’s Begum Bazar, resulting in the seizure of goods such as rice cookers, grinders and readymade garments, all worth Rs 4 crore
While state GST officials conduct checks and confiscate freebies, CGST tracks their origin at stockpoints.
An official said: “We made use of big data analytics to identify the increase in the trade of specific products when compared to transactions in corresponding years. We denounced several traders for stockpiling such items in warehouses that were not registered. They are not associated with any parties, and we are looking into them. No names or images of candidates or political parties are on these cards. It’s the next step for the traders to print the names.”
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While state GST officials conduct checks and confiscate freebies, CGST tracks their origin at stockpoints.
An official said: “We made use of big data analytics to identify the increase in the trade of specific products when compared to transactions in corresponding years. We denounced several traders for stockpiling such items in warehouses that were not registered. They are not associated with any parties, and we are looking into them. No names or images of candidates or political parties are on these cards. It’s the next step for the traders to print the names.”
You may also be interested in the following articles that we published recently
TikTok AI testing tool identifies product in videos and suggests similar products to users
The social media platform TikTok has developed an artificial intelligence (AI) tool to be used in its online marketplace, TikTok Shop. The tool scans videos using machine-object detection and then recommends similar products to users. The tool, which is still in its infancy, is being tested on a limited group of users in the US & UK. TikTok is integrating e-commerce in its app to enhance user experience. They have offered shipping deals and bonus to influencers for promoting its shopping section. YouTube and Instagram, among others, offer product tagging.
The social media platform TikTok has developed an artificial intelligence (AI) tool to be used in its online marketplace, TikTok Shop. The tool scans videos using machine-object detection and then recommends similar products to users. The tool, which is still in its infancy, is being tested on a limited group of users in the US & UK. TikTok is integrating e-commerce in its app to enhance user experience. They have offered shipping deals and bonus to influencers for promoting its shopping section. YouTube and Instagram, among others, offer product tagging.
Noida and Ghaziabad traders optimistic about festive sales
Traders from GB Nagar in Ghaziabad expect sales to be around Rs 5000-5500 Crores this festive period, a significant rise over last year. The festive period began in August, and will last until November. It includes many celebrations including Raksha Bhandhan, Durga Pujas, Navratris, Karva Chauths and Diwali. There is a high demand for silver karvas and jewellery, furniture, automobiles as well household goods, clothing, electronics, and other items. The market is decorated with a lot of customers and sales are expected during Dhanteras and Diwali.
Traders from GB Nagar in Ghaziabad expect sales to be around Rs 5000-5500 Crores this festive period, a significant rise over last year. The festive period began in August, and will last until November. It includes many celebrations including Raksha Bhandhan, Durga Pujas, Navratris, Karva Chauths and Diwali. There is a high demand for silver karvas and jewellery, furniture, automobiles as well household goods, clothing, electronics, and other items. The market is decorated with a lot of customers and sales are expected during Dhanteras and Diwali.
Mumbai: A 35-year old garment trader is killed in a Wadala hit and run case
Mumbai, India – A 35-years-old garment merchant was killed in Mumbai when a speeding concrete mixer struck him as he was walking to work. Ranjit Chavaria was declared dead at the scene. The cement mixer driver has been charged with negligence and rashness and the police are searching for him as he fled. Ranjit’s wife and children survive him.
Mumbai, India – A 35-years-old garment merchant was killed in Mumbai when a speeding concrete mixer struck him as he was walking to work. Ranjit Chavaria was declared dead at the scene. The cement mixer driver has been charged with negligence and rashness and the police are searching for him as he fled. Ranjit’s wife and children survive him.