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Old 7th July 2009, 06:00   #1
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Default Impact of Budget 2009 on Indian Car Scene

The Budget for FY 2009-10 was presented by Finance minister yesterday. The point of interest for T-Bhpian are as follows.
1. Bigger cars will be cheaper as the government today reduced additional excise duty on those with engine capacities of 2,000cc and above
by Rs 5,000 per unit.
"In (the) case of vehicles of engine capacity below 2000cc, this component (specific duty) was Rs 15,000 per unit, while for vehicles of (a) higher engine capacity it was Rs 20,000 per unit. These rates are now being unified at the lower level of Rs 15,000 per unit,"

2. It also cut the duty of petrol-driven trucks to eight per cent from 20 per cent at present. Do we have any SUV's or MUV's which can fall in this category.

will fellow bhpian can help me understand which cars may get cheaper or more popular post budget?


Last edited by sanagg1 : 7th July 2009 at 06:01.
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Old 7th July 2009, 07:04   #2
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Petrol driven trucks, Now how many of us have them.

Excise duty cut is a welcome move. However as someone pointed out in another thread, some manufacturers are not passing on the benefits to the consumer. How does it help in that case.
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