Tags: Automobiles, Budget, Cars, Fiat, Fiat India, Fiat Palio, Fiat Palio Stile, Taxes

Fiat Palio Stile now cheaper by around Rs. 12000

Fiat India has announced the price cut on their Palio Stile model.

The company announced that the price of this model is now reduced by around Rs. 12000.

Fiat is able to lower the price of the model due to the recently announced excise duty cut on smaller cars.

A company representative spoke about this new development: “We welcome the finance minister’s move on reduction in Cenvat (central value-added tax) rate and have decided to pass on the benefit to our customers.”