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Will the Central Excise Duty be reduced in the fothcomming budget so that I can buy Chevrolet Spark car at a cheper rate?

Published On : Jan 30, 2009 Deepak
Category : Chevrolet Spark
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Hi Deepak, In the month of December, Central Government already reduced the central value added tax(CENVAT) by 4% and in response to that all car manufacturer reduces their car prices so there is lesser chances that Central Government again reduce this tax. While this time all auto manufacturers planning to increase their car prices due to increase in input cost and foreign currency fluctuation. Maruti already announced two days back that it increased their car prices. General Motors also plans to increase the prices of Chevrolet Spark and Chevrolet Optra Magnum prices by 1 to 2 percent. So if you are planning for Chevrolet Spark then it is the right time to buy that.
Ramendra on Friday, January 30, 2009 5:37:49 PM
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