Harley Davidson Import Duty India

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 davidson import duty india. 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. 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. 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. Sajeev Rajasekharan Harley-Davidsons. It may be noted that this is his first trip to India.

When agreeing to allow Harley-Davidsons into the country in 2007 India had said a categorical no to lowering duties. The duty on large motorcycles need to be no more than 25 the same as the applied customs duty on fully imported commercial vehicles. 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.

This could result in all motorcycles imported to India as CBUs becoming cheaper if manufacturers pass on this duty cut 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. 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.

In FY2019 Harley Davidson sold 2676 motorcycles. 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. At an average of Rs 35 lakh the total import of Harley bikes last year of.

But why does Donald Trump refer to the Harley-Davidson every single time. They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019. 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.