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.
Imported-luxury-cars-bikes-to-get-costlier
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.

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First Published Date: 28 Feb 2013, 18:30 PM IST
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