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Originally Posted by bikefreak  Will these vehicles be available in India at the same cost that they are available abroad, ie without custom duties and other taxes ??
Because they'd be owned and sold by Indian companies ?? |
Customs duties are for imports; excise duties are for cars manufactured in India. Currently, customs duties for imported automobiles are in stratospheric realms. As alredy pointed out, imposition of customs duties happens when cars are imported, and has to be paid whoever imports the cars. So ....
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Originally Posted by bikefreak If that does happen, the Jaguars and Triumphs would sell like hot cakes as they would be priced about half of the competitors and would be total value for money. Considering the current economic boom in India and the volume of sales possible, Tata & Bajaj would laugh all the way to the bank and the 'sick' acquired companies would flourish. In fact there might be long waiting periods to buy these reasonably priced exotic machines. This might prompt some more accqusitions and we would soon be spoilt for choice.
Now is that my imagination running wild, or is this really possible ?!  |
...yes, you are day dreaming about the prices; but not aout the long waiting ques and hot cakes.