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Customs Duty Latest News

  • Honda Cars India will soon increase car prices in the country as a result of the increased customs duty, which was recently announced at the Union Budget 2018. The increase in the basic customs duty on auto parts, accessories and CKD components vary from 5 to 10 per cent.
    Honda Cars India To Soon Hike Prices Due To Increased Customs Duty

Reviews

  • The new range of Eicher Pro 6031 (31T GVW 8X2), Eicher Pro 6025 (25T GVW 6x2) haulage trucks and Eicher Pro 6025T (25T GVW 6X4) tipper mark the entry of Eicher brand into a new phase of growth and consolidation in the heavy-duty commercial vehicle market.
    Eicher Pro 600 Series Next Generation Heavy Duty Trucks Launched in India
  • Cars, SUVs and two-wheelers will become expensive from January 1 with the government deciding not to extend the reduced excise duty rates provided to the sector.
    Excise Duty Benefits to End; Cars to Become Expensive From January
  • As auto makers anxiously watch if reduced excise duty regime would be extended to next year, Finance Minister Arun Jaitley today said they would have to wait till December 31.
    Future of Auto Excise Duty to Remain Undecided till December 31
  • The government today raised excise duty on petrol by Rs 2.25 per litre and by Rs 1 a litre on diesel but retail pump rates will not be increased as oil firms decided to absorb the duty change for the time being.
    Excise Duty On Petrol & Diesel Increased; No Impact on Prices
  • The government is looking at the proposal for extending excise duty concessions to the automobile sector beyond December, a move that would provide further relief to automakers.
    Govt Considering Extension of Excise Duty Benefits Beyond December