After today's budget speech and reduction of customs duty, is value of imported cars decreased? Please advise. Thanks.
There has been no reduction in customs duty exept on hybrid behiicles thus the price of those would go down by 25% so yes, hybrids currently avalible will become cheaper. Other then that the Finance minister made no mention of car duties
Can you please mention text related to vehicles and their duty from budget 2012-13 so that we can know what are the other details regarding vehicles and their import duty / laws in new budget?
Thanks