Vikram Kirloskar, President, SIAM and Vice Chairman, Toyota Kirloskar Motor in an interview with CNBC-TV18s Shereen Bhan gave his reactions to the auto excise cut.
The uncertainty looming over excise duty structure for the auto sector is finally over. The government on Wednesday decided to extend excise duty cut for the auto sector by six months indicating the concession set to end on the 30th of June, will be now applicable till the end of this year. The excise duty concession is also applicable for capital goods and consumer goods.
Vikram Kirloskar, President, SIAM and Vice Chairman, Toyota Kirloskar Motor in an interview with CNBC-TV18s Shereen Bhan gave his reactions to the news.
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Do not expect excise sops to expire in December 2014: SIAM
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Do not expect excise sops to expire in December 2014: SIAM
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