Car Excise Duty Halved for Disabled Persons

THE Finance Ministry has reduced the basic excise duty imposed on cars for physically handicapped persons from the current level of 16 per cent to 8 per cent states a report in the Hindu (Business Line) on June 18, 2003.

Sources said that such cars have also been exempted from the one per cent national calamity contingent duty (NCCD) imposed in the current year's Budget. The reduced excise duty rate of 8 per cent and the exemption from NCCD, however, comes with conditions that the buyer should not resell the car for a period of five years.

Further, a senior Government official from the Commerce and Industry Ministry has to certify that the car is capable of being used by physically handicapped persons.