Harley Davidson Import Duty India
The US government was upset by India raising import duties on certain items in its Budget for 2018-19 announced on February 1.
Harley davidson import duty india. The way forward is to halve the duty on Harleys again. 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 duty on large motorcycles need to be no more than 25 the same as the applied customs duty on fully imported commercial vehicles.
The proposed reduction in import duties will end up benefitting all motorcycles of that class and should. Harley Davinson had to change its strategie of. 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.
It may be noted that this is his first trip to India. Fail too Conclusion Consequence of these factors. The bikemaker was also at the centre of a trade tariff debate between India and the US.
The price of Harley Davidson bikes in India ranges from 514000 rupees US7884 to 535 million rupees 82069. 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 plan is part of ongoing trade talks with the US.
With the existing duties the market price of Harley-Davidson bikes is expected to range between Rs 6 lakh and Rs 14 lakh. At an average of Rs 35 lakh the total import of Harley bikes last year of. They are priced between Rs 2553 and 5053 lakh and cumulatively their sales accounted for just about 50 units in 2019.
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. 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. We expect high-end bike makers such as Triumph Ducati and Harley Davidson to announce new prices soon.
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