Harley Davidson Import Duty 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 -.

Harley davidson import duty india. 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. First the US does charge a nominal import duty of 24 percent on the imported motorcycles. 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 way forward is to halve the duty on Harleys again. Trump too was evidently unhappy with the duty reduction and wanted the tariff to. With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh.

It sells 17 Models in India. The bikemaker was also at the centre of a trade tariff debate between India and the US. They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019.

However Harley-Davidson was not happy with import duty on its CKD reduced merely from 75 to 50. 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 import duty on all completely built-upCBU motorcycles is currently at 50 per centwhich was at 100 per cent earlier and was reduced in 2019 by the Centre after a Trump-Modi telephonic conversationbut the US president criticised the import duty as still too high and not acceptable.

The US government was upset by India raising import duties on certain items in its Budget for 2018-19 announced on February 1. At an average of Rs 35 lakh the total import of Harley bikes last year of. We expect high-end bike makers such as Triumph Ducati and Harley Davidson to announce new prices soon.

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. Most motorcycle makers are likely to pass on the benefit to buyers. Sajeev Rajasekharan Harley-Davidsons.