The Hindu Business Line : Maruti pays Rs 2,635-cr excise

Maruti Suzuki India Ltd (MSIL) has been awarded by the Central Board of Excise and Customs under the Ministry of Finance for paying a gross excise of Rs 2,635 crore during April-January 2007-08, an increase of over 26.7 per cent compared to the corresponding period the previous fiscal. The Finance Minister, Mr P. Chidambaram, presented the award for its contribution to the national exchequer. The increase in excise payment in this fiscal is on account of higher sales by the company and a faster growth in higher value models, Maruti Suzuki said in a statement. - Our Bureau

More Stories on : Awards & Honours | Cars | Maruti Udyog Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Fire at Arvind Mills warehouse

ONGC notifies four discoveries in a month

Dish TV: Uncertainty ahead on cancellation of pref offer

Jubilant bags $92-m worth contract research deals

Maruti pays Rs 2,635-cr excise

Intra-group mergers may not come under competition panel scanner

W.S. Ind Vizag plant to go on stream by June

Opto Circuits to buy US co for $68 m

Crompton Greaves ties up with Dutch company

Bonus offer boosts Reliance Power

Bharat Biotech to launch upgraded hepatitis B vaccine

Volatility in crude may hit IOC refining margins

Honda Siel expects approval for Civic Hybrid soon

NTPC appoints 14 new EDs