Goverment of India has cut customs duties on cars and bikes from South Asian countries to conform with a regional trade pact. The reductions on more than 120 items came into effect from Jan. 1, the Central Board of Excise and Customs said in a notification. The duty on cars and motorcycles imported as completely knocked down units from Pakistan and Sri Lanka has been reduced to 10 percent from 12.5 percent. Similar units from Bangladesh, Nepal, Maldives and Bhutan will have no duty, compared with 10 percent earlier. For cars and motorcycles in any other form, the duty has been slashed to 0-20 percent from 40-50 percent.