Speaking to CNBC-TV18, R Seshasayee, executive vice-chairman of Ashok Leyland feels that it is logical to assume a rollback of concessions on excise duty. He also mentions that it is possible for CV makers to absorb the duty hike. He also talks about, if the monetary conditions are favourable then a duty hike may not impact much.
first published: Mar 9, 2012 12:42 pm
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