-Automobile Sector:
o A tariff based system is being introduced w.e.f. 1st July, 2006 to replace the existing deletion programme in the auto sector.
o Duty on multi-axle trucks rationalized.
o Duty on purpose built taxis rationalized.
o The existing scheme for import of old/used vehicles under TR, Gift & Baggage schemes revised to introduce a capping on aging of the vehicles.