Government imposed Taxes on Luxury cars »
Posted By carazoocars 3 months, 2 weeks ago in StyleAn additional tax of Rs 15,000 to Rs 20,000 has been smacked by the government on luxury cars, SUV (Sport Utility Vehicle) and MUVs (Multi Utility Vehicle), which is above the regular excise duty of 24%. This new duty structure would restrict car owners to use fuel-gulping vehicles. Basically the hike has been made to dampen private car buyers
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