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Import duties on bikes revised, CBUs to cost less

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The Government of India has revised the import duties on motorcycles in completely knocked down (CKD) form as well as completely built-up units (CBU).

Rates for the CKD bikes with all the necessary parts have increased from 10% to 15%, while those with un-mounted preassembled engine, gearbox and transmission have gone down to 25% from the earlier 30% slab. CBU category slabs have got a steep reduction. Previously, they were taxed at 60% and 75% for bikes with engine capacity lesser than and greater than 800cc respectively. The new slabs now have a flat 50% slab for all CBU bikes with any engine size.

The move should see a drop in the prices of some high-end bikes from manufacturers like Harley Davidson, Ducati, Indian, Triumph, etc. The bikes with local assembly will see a slight increase as most of the manufacturers have started their local assembling.

 
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