Wednesday, July 13, 2011

Mfarhanonline:Car prices decrease

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Mfarhanonline Business News KARACHI: After a decrease in the special excise duty and sales tax, car prices fell by Rs 10,000-40,000, business News reported.

Speaking to business News the Chairman of the Motor Dealers association H.M. Shahzad said that car prices fell following the 1% decrease in special excise duty and 2.5% decrease in sales tax. He added that this due to a decrease in government taxes and not from car manufacturers.

Different brand of Suzuki have decreased by Rs 14,000-37,000, Honda by Rs 25,000-40,000 while Indus motors has decreased by Rs 24,000-40,000.

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http://www.mfarhanonline.com/2011071328400/car-prices-decrease/

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