Harley Davidson Tariff India
Harley-Davidson is the leading premium motorcycle brand in India with annual sales of over 3000 motorcycles.
Harley davidson tariff india. Harley motorcycles made and assembled in the US cost more to import into India than motorcycles which are assembled in India with US made parts. 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. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like India.
For the most part there are absolutely no tariffs. India has also decided to slap retaliatory tariffs against 30 US products which will come into effect on August 4. Indias import tariffs were slashed by 50 but the brand has still struggled in the competitive market.
For the most part there are absolutely no tariffs. The most expensive Harley Davidson bike CVO Limited is priced at 5053L 69745. In a move that will benefit Harley-Davidson India has proposed a new tariff classification for motorcycles with cylinder capacity exceeding 1600 cc imports of which will be taxed in single digits.
India did lower duties on the Milwaukee Wisconsin-based motorcycle maker to 50 per cent in 2018 from around 100 per cent earlier but the US President found the new tariff rate still unacceptable. Harley-Davidsons European trade woes have been front-page news since April 2021. Harley-Davidson bike prices in India start at 533L 7356 for Harley Davidson Street 750 which is the cheapest model.
These 13 are relatively cheaper models and account for most of Harley Davidsons sales in India. We have if you are Harley Davidson you have 50 to 75 per cent tax tariff to get your motorcycle your product in. Not in the US 2- The tariff this article talks about is the tariff India imposes on products which are brought into India.
The plan is part of ongoing trade talks with the US. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. The ruling is not due to come into effect until June and Harley is rightly stating it will appeal the law.