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The excise duty is also scraped from 12%to 4%. There will be a huge difference in the price now and the sales figure of the small cars are gonnna go very high. There is another segment which has also undergone a reduction in duty from 24% to 14% and that in the hybrid section. Toyota Motors will be benefited with this reduction and later Hyundai motors, as they are planning to roll out their hybrid car in
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