India extends excise duty concessions for automobiles by six months

NEW DELHI Wed Jun 25, 2014 4:20pm IST

Heavy traffic moves along a busy road as it rains during a power-cut at the toll-gates at Gurgaon on the outskirts of New Delhi July 31, 2012. REUTERS/Stringer/Files

Heavy traffic moves along a busy road as it rains during a power-cut at the toll-gates at Gurgaon on the outskirts of New Delhi July 31, 2012.

Credit: Reuters/Stringer/Files

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NEW DELHI (Reuters) - India has extended excise duty concessions for automobiles, consumer and capital goods by six months to Dec. 31, Finance Minister Arun Jaitley told reporters on Wednesday.

The excise duty concessions, which were granted in February this year, were to have lapsed on June 30.

(Reporting by Rajesh Kumar Singh; editing by Malini Menon)

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