Posted by Kittub
regarding car hikes, do you mean incase the import duty is reduced, it will also affect on the prices for indian made cars as some of the parts are imported from other countries ? Esp Wagon R ?
I told you not going to increase the prices for Indian Cars, that is for sure, if import duty redused.
it is directly connected to import duty Vs Excise Duty. I don't think so that Sardar Ji will increase the Excise duty to kill there Ind. after redusing the import duty. cool naa.
Yes, it is a chance to reduse the prices than Increase, if Import duty is redused, Govt. will pass some benifit in form of Excise Duty / Taxes to Indian Manufactures.
All the best.
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