Sameer78

Hi Guys, does any of you know about latest Custom Tariff On Import Vehicle after the 2011 budget proposals. As I heard Government going to reduce VAT from 20% to 12%. will this VAT affect from 23rd November 2010 or 1st January 2011? What about the other Taxes such as excise duty,NBT, RIDL & SRL? when will it come to effect? Specially I want to know about motor car in 1000 - 1600 CC category. Thanks