Harley Davidson Tariff India
Harley-Davidson bike prices in India start at 533L 7356 for Harley Davidson Street 750 which is the cheapest model.
Harley davidson tariff india. The 50 percent duty on Harley Davidson bikes imported into India is unacceptable Trump said on Monday when he phoned into a popular business TV program. Harley-Davidsons European trade woes have been front-page news since April 2021. Trump Premium US President Donald Trump.
Through a complicated tax system imported motorcycle parts face around a 39 percent tariff. From the European Association of Motorcycle Manufacturers ACEM rushing to. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like India.
Currently Harley sells 17 models in India with prices ranging from Rs 533 lakh to Rs 503 lakh. Harleys statement referred to a 100 tariff in both India and Indonesia but according to the World Trade Organization Indonesia has a 40 tax. But 13 of these models are CKD units and are completely assembled in India.
The levy on condensed milk is 496 per kilo which worked out to a 103 tariff in 2015. But the announcement did not mention large motorcycles such as Harley-Davidson bikes unlike a letter India sent to the World Trade Organization last week outlining planned tariffs worth 241. While the effort is commendable Harley-Davidson established a factory in India and doesnt actually have a tariff to pay on locally-sold units so is this all in vain.
The ruling is not due to come into effect until June and Harley is rightly stating it will appeal the law. With the new proposal India will create a new category of 1600cc and above and will only lower tariffs for that class of bikes. 50 import tariff on Harley Davidson unacceptable India should remove it.
For the most part there are absolutely no tariffs. India classifies motorbikes by their engine capacity measured in cubic centimeters cc currently broken down into four categories 75 250 500 and 800cc and above. Too much for Trump.