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Ministry seeks excise duty sop on urban mission bus purchases [1]

Kakoly Chatterjee, Yogima Seth

New Delhi: As part of its wishlist for the Budget, the urban development ministry has sought excise duty waiver for buses purchased by the state governments under the stimulus package. On-road prices of these buses range from Rs 40 lakh to Rs 70 lakh. The excise duty on buses is 8% now.

Publication Date: 
04/02/2010
Financial Express (New Delhi) [2]
Tags:
Transport [3], Public Transport [4], Jawaharlal Nehru National Urban Renewal Mission (JNNURM) [5], Urban Transport [6], Ministry Of Urban Development [7]

Technology Partners: MimirTech

Source URL: http://admin.indiaenvironmentportal.org.in/news/ministry-seeks-excise-duty-sop-urban-mission-bus-purchases

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ministry-seeks-excise-duty-sop-urban-mission-bus-purchases
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/transport
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/public-transport
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/jawaharlal-nehru-national-urban-renewal-mission-jnnurm
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/urban-transport
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/ministry-urban-development