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Old 17th June 2018, 08:59   #76
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Default Re: Import duties on bikes revised, CBUs to cost less

Originally Posted by Turbanator View Post
Customs duty on motorcycles with engine capacity over 800 cc will be raised up to 50 per cent[

Going by this news, it appears an increase in the duty from Imports from the USA. Certain models from Harley might get expensive. I don't think it's going to serve any purpose and given the past behaviour of Mr. President, this is not going to deter him. I won't be surprised if he instead retaliates in some other way and targets India elsewhere.

This move by India is retaliatory move aimed at US increasing tariffs on Indian Steel and Aluminium and not the other way round. It is a two way street and if Trump wants reduction of import duties of Harleys then US has to reciprocate the same.

Originally Posted by CrAzY dRiVeR View Post
Yet another change in policy this year.

With all the uncertainty thats been happening recently - I wonder how these companies are taking any sort of decisions at all!
News links below:



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