Price drops or raises

Prices of entry-level cars, two-wheelers, SUVs may fall.

Commercial vehicles such as trucks will become costlier

price   will go in initial days then will drop

The cascading impact of present levies including luxury tax- 1%, entry tax- 1%, cst- 2% and the rate of 12.5+ 14.5= 27% applicable to bikes can cars today maybe fixed at 18%. Cosnequenlty it should reduce by 12% if all effiiecnies are there. However we can epxect 50% to accrue by August 2017- maybe 6 -7% drop.