Owing to the reduction of The Exise Duty (CENVAT) by 4%, Volkswagen India ( Indian arm of German Car manufacturer ), announced price reduction of its models upto Rs. 80,859.00 The Company has passed up[on the full benefit of the Duty cut to its customers. “We are happy to pass on the full benefit of […]
Automobile prices in Delhi, Himachal Pradesh, Punjub and Rajasthan may go up despite the 4% Excise Duty (CENVAT) reduction by the Central Government. This is due to the fact that the states are most likely increasing / imposing new local taxes which will certainly over rule the prevoiusly given 4% benefit. Andhra Pradesh, Gujarat, Kerala, […]
Following the other car manufacturers in India, Skoda, Ford and GM reduces the prices of their cars. This step is taken to give the customers the benefits against the Relaxation of the 4% of Exice Duty (CENVAT). Car manufacturer, Skoda India on Wednesday said it will cut prices of Fabia, Octavia, Laura and Superb by […]
Recently due to the reduction of the Excise Duty (CENVAT) by 4%, Mahindra Renault has decided to slash the price tag of Logan by Rs 60,000. 🙂 The price cut will be uniform across all the nine variants of the mid-sized sedan and will come into effect from Wednesday. Nalin Mehta, chief executive officer, Mahindra […]
India’s leading motorcycle manufacturer , Hero Honda Motors Ltd, has reduced the prices of its products Karizma, Hunk, CBZ Xtreme, Splendour, Passion Plus, Glamour, Pleasure, Spelndour Plus, NXG after the government cut the excise duty (CENVAT) by 4%. The price cut is between the range of Rs. 1000.00 and Rs. 2000.00 depending upon the product. […]
Puna Based, India’s 2nd largest two wheeler motorcycle manufacturer Bajaj Auto has reduced the price of its Bikes Pulsar, Discover, Platina and XCD upto Rs. 2100.00 due to the 4% reduction of Excise Duty (CENVAT) that Indian Government have declared. Bajaj Auto Limited (BAL) also reduced its 3-wheeler costs upto Rs. 4,400. According to a […]