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India extends excise duty concessions for automobiles by six months
June 25, 2014 / 10:08 AM / 3 years ago

India extends excise duty concessions for automobiles by six months

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.

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

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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