Harley Davidson India Tax
How Harley-Davidson lost its rumble in India.
Harley davidson india tax. How much taxes does India levy on automobiles. US President Donald Trump has previously complained about Indias high taxes specifically mentioning the levies placed on Harley-Davidson bikes. The company did not respond.
24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes. India is hardly 5 of the entire market for Harley Davidson Why bother. Harleys bikes can cost as much as 11 million rupees about 15000.
Thats steep for a market. The tariff that year was not 100 but 75. Trump said the United States under his leadership is a country that.
Prices exclude tax title licensing registration fees destination charges added accessories and additional dealer charges if any and are subject to change. Prices exclude tax title licensing registration fees destination charges added accessories and additional dealer charges if any and are subject to change. Options such as color are available at additional cost.
It isnt uniform and depends on the type length and engine size. Trumps complaints had led the Centre to reduce the duty on Harley motorcycles from 100 to 50 though the US government still remained unsatisfied. The motorcycles are completely built units and will be imported to India thus attracting a tax over 100 in the price range of 695000 rupees and 3495000 rupees.
Harleys statement referred to a 100 tariff in both India and Indonesia but according to the World Trade Organization Indonesia has a 40 tax on motorcycle imports. To note cars two-wheelers and sports utility vehicles attract anywhere between 1-22 of taxes in India. However Harley-Davidson was not happy with import duty on its CKD reduced merely from 75 to 50.