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3 years ago
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

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.Stringer/Files

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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