Harley Davidson Import Duty India
First the US does charge a nominal import duty of 24 percent on the imported motorcycles.
Harley davidson import duty india. It may be noted that this is his first trip to India. Harley Davidsons majority of sales come from the CKDs which are assembled in India. The duty on large motorcycles need to be no more than 25 the same as the applied customs duty on fully imported commercial vehicles.
This could result in all motorcycles imported to India as CBUs becoming cheaper if manufacturers pass on this duty cut to buyers. The way forward is to halve the duty on Harleys again. 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.
The bikemaker was also at the centre of a trade tariff debate between India and the US. We expect high-end bike makers such as Triumph Ducati and Harley Davidson to announce new prices soon. In FY2019 Harley Davidson sold 2676 motorcycles.
Trump too was evidently unhappy with the duty reduction and wanted the tariff to. When agreeing to allow Harley-Davidsons into the country in 2007 India had said a categorical no to lowering duties. 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.
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 may be on the verge of waging a trade war with India over high import duties on US goods like Harley-Davidson motorcycles but a top executive of the bike maker said the taxation structure in India has negligible impact on sales of fully imported bikes in the country. 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.
Harley Davidson bikes attract 100 per cent import duty in India. Import duties on completely-built units CBUs is 60 in addition to 30 local taxes. The price of Harley Davidson bikes in India ranges from 514000 rupees US7884 to 535 million rupees 82069.