Audi to Increase Price Due to Increase in Customs Duty Announced in the Union Budget

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Audi, the German luxury car manufacturer announced that the company will be increasing the price across the entire model range up to 4 per cent owing to an increase in the Customs duty announced in the Union Budget. The price increase will be ranging from INR 100,000 to INR 900,000, and will be effective from 1st April, 2018.

The increase in Custom duty and introduction of Social Welfare surcharge in lieu of an Education cess (which is higher than the erstwhile Cess) in the Union Budget made the increase in price inevitable. To minimize the impact of the price increase, they are also offering various Audi Finance schemes along with sales and service benefits for our discerning customers who aspire to join the Audi Family.

There is no doubt that increase in car sales would definitely help the Government in garnering more accumulated taxes.

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