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Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike

Fully imported cars, including electric vehicles will cost more with Finance Minister Nirmala Sitharaman announcing hike in customs duty in the Union Budget 2023-24. The Finance Minister also noted that replacing old polluting vehicles is an important part of “greening the country’s economy”.

Author: . [Source Link (*), Gadgets 360]

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