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Imported luxury cars, bikes to get costlier

Finance minister P Chidambaram has proposed a hike in customs duties on imported luxury cars to 100 percent, up from 75 percent, while that for motorcycles higher than 800cc, from 60 percent to 75 percent.

Finance minister P Chidambaram has proposed a hike in customs duties on imported luxury cars to 100 percent, up from 75 percent, while that for motorcycles higher than 800cc, from 60 percent to 75 percent.

  • First Published Date : 28 Feb 2013, 06:30 PM IST