Harley Davidson Import Duty India

The bikemaker was also at the centre of a trade tariff debate between India and the US.

Harley davidson import duty india. The proposed reduction in import duties will end up benefitting all motorcycles of that class and should. With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh. However Harley-Davidson was not happy with import duty on its CKD reduced merely from 75 to 50.

At an average of Rs 35 lakh the total import of Harley bikes last year of. 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 way forward is to halve the duty on Harleys again.

India had last February slashed the customs duty on imported motorcycles like Harley-Davidson to 50 per cent after Trump called it unfair and threatened to increase the tariff on import of Indian bikes to the US. 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. 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.

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. 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. 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 -.

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. 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. They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019.

It sells 17 Models in India. Trump too was evidently unhappy with the duty reduction and wanted the tariff to. Fail too Conclusion Consequence of these factors.