Latest


Excise duty on automobile segments cut

  •   Mon, Feb 17 2014 12:49:00 PM

New Delhi, Feb 17 (IANS): Finance Minister P. Chidambaram Monday reduced excise duty on many segments of the automobile industry which has seen a recent downturn due to high fuel and interest costs and low economic growth.

The finance minister reduced the central excise on small cars, scooters/two-wheelers from 12 to 8 percent.

He also reduced the central excise from 30 percent to 24 percent on SUVs, and medium segment sedans from 27-24 percent to 24-20 percent, respectively.
  

Top Stories


Leave a Comment

Title: Excise duty on automobile segments cut



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.

You might also like