Cenvat cut from 16% to 14%

Producers are unlikely to pass on the marginal price benefit on refrigerators, ACs and washing machines. LCD/plasma CTVs could be cheaper by Rs 500-2,000.

Excise duty on small cars, two- and three-wheelers reduced from 16% to 12%

Small car prices to drop by Rs 8,000-16,000 and bikes byRs 1,000-1,800

Excise on packaging paper reduced from 12%to 8%

May result in a marginal 2-3% reduction in prices of soaps, detergents, toothpaste. Will also help stall price increases.

Custom duty on set-top box components removed

May result in a drop in STB prices across IPTV, direct-to-home (DTH) and cable digital television

Excise duty of 1% on mobile phones imposed

Duty on phones costing between Rs 1,000 and Rs 1,500 will rise by Rs 10 and Rs 15