Showing posts with label Excise duty. Show all posts
Showing posts with label Excise duty. Show all posts

Thursday, June 7, 2012

Data on diesel vehicle sales sought ahead of call on excise duty


The finance ministry has asked auto-makers to provide production and sales data of diesel vehicles, even as the industry protested any move to raise excise duty on such vehicles, citing country's fragile economic environment.
Unable to raise diesel prices due to political compulsions, the finance ministry is looking to raiseexcise duty on diesel cars to discourage consumption of this subsidised fuel by personal vehicle owners. 

"We have asked the automakers for data related to production of diesel cars. They will