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Ashok Leyland Cuts Prices By 1 After Excise Duty Relief

By Motortrend India Staff   |   14 May,2012

Country's second largest commercial vehicle maker Ashok Leyland said it has slashed the prices of its commercial vehicles by one percent following the Government's decision to reduce the excise duty on truck chassis.

The roll-back in prices would come into force with an immediate effect, a company press release said in Mumbai.

Giving a minor relief to commercial vehicle makers, the government recently lowered the excise duty on chassis by one percent to 14 percent for vehicles whose bodies are installed outside the manufacturer's factory.

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