Harley Davidson Import Duty India
The way forward is to halve the duty on Harleys again.
Harley davidson import duty india. US President Donald Trump may be on the verge of waging a trade war with India over high import duties on US goods like Harley-Davidson motorcycles but a top executive of the bike maker said the taxation structure in India has negligible impact on sales of fully imported bikes in the country. 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. 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.
Harley-Davidsons Managing Director for India and China Peter Mackenzie told Carandbike that the cut in import duties will not have any significant impact because only a handful of Harley-Davidson models are fully imported. The plan is part of ongoing trade talks with the US. Most motorcycle makers are likely to pass on the benefit to buyers.
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. The US President has repeatedly claimed that India imposes tremendously high tariffs on American products. 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.
The bikemaker was also at the centre of a trade tariff debate between India and the US. 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 -. 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.
When they Harley Davidson send a motorcycle to India as an example they have to pay 100 per cent tax -- 100 per cent Trump said in his remarks to a gathering of governors of all the states. When agreeing to allow Harley-Davidsons into the country in 2007 India had said a categorical no to lowering duties. 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.
With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh. Sajeev Rajasekharan Harley-Davidsons. 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.