Harley Davidson Import Duty India
First the US does charge a nominal import duty of 24 percent on the imported motorcycles.
Harley davidson import duty india. India had last February slashed the customs duty on imported motorcycles like Harley-Davidson to 50 per cent after Trump called it unfair and threatened to increase the tariff on import of Indian bikes to the US. Fail too Conclusion Consequence of these factors. Currently the import duty on such completely built-up CBU units is 50 percent which was previously brought down from 100 percent and is now expected.
Apparently the Indian officials have decided to reduce the import tariffs on Harley Davidson motorcycles to a single digit figure on models that have an engine size of more than 1600cc. The proposed reduction in import duties will end up benefitting all motorcycles of that class and should. But why does Donald Trump refer to the Harley-Davidson every single time.
So far the import duty on bikes with engine capacity of 800cc or less was 60 per cent and on bikes with capacity of 800cc or more was 75 per cent. The economical factors Problem High import duties Solutions The system of Tariff Rate Quota customs duties reduce for a determined number of imported bikes offered by the indian government not applied because it was not fair for the other company Organization of a hyped rally ride -. When agreeing to allow Harley-Davidsons into the country in 2007 India had said a categorical no to lowering duties.
Harley Davinson had to change its strategie of. With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh. And second the import duty being charged by the Indian government on imported vehicles both cars and motorcycles has now been reduced to 50 percent.
US President Donald Trump on Tuesday slammed India for a high import tariff on Harley-Davidson motorcycle calling it unfair even as New Delhi slashed customs duty on imported. The price of Harley Davidson bikes in India ranges from 514000 rupees US7884 to 535 million rupees 82069. Now the import duty for all CBU import motorcycles has been rationalized to 50.
But the fact is that despite the tariff Harleys sales have grown by over 30 per cent in the past two years and Harley-Davidson dealerships have increased to 27 in 17 cities across India since the cult American brand started operations in India. The US government was upset by India raising import duties on certain items in its Budget for 2018-19 announced on February 1. Harley-Davidson Indias sales will not have any significant impact on the governments decision to cut import duties on fully imported motorcycles from 75 per cent to 50 per cent.