Excise duty on automobiles, consumer durable extended till December 31st

Excise duty concessions given to automobiles, capital goods and consumer durables which were to expire by the end of this month have been extended up to December 31st. The automobile sector presently has excise duty between 8% to 24% depending on the kind of vehicle. The automobile industry particularly was eagerly waiting for the decision in this regard.

Medaram Jathara

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