Harley Davidson Import Duty India

The US President has repeatedly claimed that India imposes tremendously high tariffs on American products.

Harley davidson import duty india. Trump too was evidently unhappy with the duty reduction and wanted the tariff to. Import duties on completely-built units CBUs is 60 in addition to 30 local taxes. On February 12 the Central Board of Excise and Customs issued a notification that slashed customs duties on imported luxury motorcycles of high-end brands including Harley-Davidson and Triumph.

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. Harley Davidsons majority of sales come from the CKDs which are assembled 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 bikes attract 100 per cent import duty in India. 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 -. Most motorcycle makers are likely to pass on the benefit to buyers.

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. Now the import duty for all CBU import motorcycles has been rationalized to 50. When agreeing to allow Harley-Davidsons into the country in 2007 India had said a categorical no to lowering duties.

They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019. We expect high-end bike makers such as Triumph Ducati and Harley Davidson to announce new prices soon. 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 way forward is to halve the duty on Harleys again. At an average of Rs 35 lakh the total import of Harley bikes last year of. Sajeev Rajasekharan Harley-Davidsons.