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Budget 2023: Imported luxury cars and EVs to be pricier with increase in duty
Budget 2023: Imported luxury cars and EVs to be pricier with increase in duty,Customs duty on imported vehicles with a CIF value of under USD 40,000 has been raised from 60 per cent to 70 per cent, as per the Budget 2023-24 document.

Budget 2023: Imported luxury cars and EVs to be pricier with increase in duty

Customs duty on imported vehicles with a CIF value of under USD 40,000 has been raised from 60 per cent to 70 per cent, as per the Budget 2023-24 document.