Harley Davidson Import Duty India

Import duties on completely-built units CBUs is 60 in addition to 30 local taxes.

Harley davidson import duty india. And with demanding local customers to would make commercial sense to make Harley Davidsons in India both for the local market and especially for exports. In FY2019 Harley Davidson sold 2676 motorcycles. Harley Davidsons majority of sales come from the CKDs which are assembled in India.

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. Trump too was evidently unhappy with the duty reduction and wanted the tariff to. At an average of Rs 35 lakh the total import of Harley bikes last year of.

It may be noted that this is his first trip to 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. 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.

Fail too Conclusion Consequence of these factors. 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.

We expect high-end bike makers such as Triumph Ducati and Harley Davidson to announce new prices soon. The bikemaker was also at the centre of a trade tariff debate between India and the US. 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.

The US President has repeatedly claimed that India imposes tremendously high tariffs on American products. So far the import duty on bikes with engine capacity of 800cc or less was 60 per cent and on bikes with capacity of 800cc or more was 75 per cent. With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh.