Customs duty on bicycles and parts increased. Imported cycles to cost more.
thats fkin retarded!! they're supposed to encourage cycling in India!!
and here I was wishing they'd do something about introducing bicycle lanes, and this is what they do, amazing.
it is indeed a tragedy that they have gone and increased the taxes to 30% from 10, while reducing the tax for suv's from 27% to 22. I can agree increase in customs duty on imported bicycles, but then this government has gone on record saying it is sufficient for vast majority of this country to remain in existence in Rs.32. what can be expected.
thats not a good news. bicycle is the cheapest and healthiest way to commute. now buying a bicycle gonna be an expensive affair. i am not liking this.
Business Line : Opinion :Why the import duty hike on cycles?
we poor commuters don't have anything to dole out for election funds and its another case of "lobbying" by you know whom. sick
---SiGN THIS PETITION AND FORWARD THIS TO YOUR FRIENDS ---
I wanted to draw your attention to this important petition that I recently signed:
"Roll back & Bring down the Custom duty on imported cycles, parts from 30% to 0% & encourage more cycling"
I really think this is an important cause, and I'd like to encourage you to add your signature, too. It's free and takes just a few seconds of your time.
i am planning to by trek ds 8.3 from US
please suggest should i do it or no
Damnn !!sad to hear that