SUV range got higher by Heavy Excise Duty

The excise duty on SUVs has increased and it is now 30% from 27%. This increment is the main reason behind increment in the rates of many car models. Scorpio, Fortuner, Tavera, Safari and Bolero has increased their price by Rs.20-70 thousand. Mahindra Scorpio price has increased by Rs.10-20 thousand, Mahindra XUV500 by Rs.15-30 thousand.

Bolero price is by Rs.10-20 thousand, Tata Safari by Rs.20-35 thousand, GM Tavera by Rs.19-25thousand, Tata Sumo by Rs.10-20 thousand, Tata Aria by 20-35 thousand, Toyota Innova by Rs.30-50 thousand and Toyota Fortuner by Rs. 50-70 thousand.

SUVs will be indentifies as:

• The car which has 4 meter and above length
• 170mm and above ground clearance
• 1500cc and above engine power

The positive side of the budget will be impacted only on one car Mahindra Quanto and rest of the vehicles will face the negative impact of the upcoming budget. Heavy excise duty is the main reason of this negative impact on famous SUVs. Tata and Mahindra are getting direct negative point of view on their SUV range.

The excise duty on SUVs has increased and it is now 30% from 27%. This increment is the main reason behind increment in the rates of many car models. Scorpio, Fortuner, Tavera, Safari and Bolero has increased their price by Rs.20-70 thousand. Mahindra Scorpio price has increased by Rs.10-20 thousand, Mahindra XUV500 by Rs.15-30 thousand.

Bolero price is by Rs.10-20 thousand, Tata Safari by Rs.20-35 thousand, GM Tavera by Rs.19-25thousand, Tata Sumo by Rs.10-20 thousand, Tata Aria by 20-35 thousand, Toyota Innova by Rs.30-50 thousand and Toyota Fortuner by Rs. 50-70 thousand.

SUVs will be indentifies as:

• The car which has 4 meter and above length
• 170mm and above ground clearance
• 1500cc and above engine power

The positive side of the budget will be impacted only on one car Mahindra Quanto and rest of the vehicles will face the negative impact of the upcoming budget. Heavy excise duty is the main reason of this negative impact on famous SUVs. Tata and Mahindra are getting direct negative point of view on their SUV range.