MUMBAI – In introducing the federal budget for 2013-2014 on Feb. 28, India’s finance minister increased the excise tax on domestically produced SUVs from 27% to 30%. Nicknamed the SUV tax, it is the highest excise-tax bracket. “The tax is aimed at SUVs that occupy large road space and create congestion,” says P Chidambaram. Despite its nickname, and the finance minister’s specific reference to SUVs, the levy covers all passenger vehicles longer than 13.1 ...

Premium Content (PAID Subscription Required)

"Excise-Tax Increase Upsets Indian Vehicle Market" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.