Maruti passes execise reduction to customers
28 February 2006
New Delhi: Car market leader Maruti Udyog Limited has passed on the benefit of excise duty reduction to customers. The union finance minister had announced reduction in excise duty for small cars from 24 per cent to 16 per cent in his Union Budget speech, this morning.
The company has announced price reduction in all the five models that qualify for the benefit: Maruti 800, Omni, Zen, WagonR and India's number one selling car - Alto.
The revised (ex-showroom, Delhi) prices are given below.
| Model | New Price (Rs.) | Old Price (Rs.) |
|