Harley Davidson Import Duty India

Harley Davidsons majority of sales come from the CKDs which are assembled in India.

Harley davidson import duty india. They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019. This could result in all motorcycles imported to India as CBUs becoming cheaper if manufacturers pass on this duty cut to buyers. At an average of Rs 35 lakh the total import of Harley bikes last year of.

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. 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. 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 bikes attract 100 per cent import duty in India. With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh. 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.

But why does Donald Trump refer to the Harley-Davidson every single time. Now the import duty for all CBU import motorcycles has been rationalized to 50. 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.

The recent change in duty will bring down the. Import duties on completely-built units CBUs is 60 in addition to 30 local taxes. In FY2019 Harley Davidson sold 2676 motorcycles.

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. It may be noted that this is his first trip to India. First the US does charge a nominal import duty of 24 percent on the imported motorcycles.