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Old 28th February 2018, 11:43   #61
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Default Re: Import duties on bikes revised, CBUs to cost less

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Originally Posted by am1m View Post
So much for his claim that 'India sells us a lot of motorbikes...'

I'm sure no one in our government is bothered, they're very familiar with this tactic themselves!
I'm pretty sure they are.

Motorcycles are just one of the smaller items they can put pressure on. International relations with the US getting worse over such a small issue would not be something the Indian Government would want at this point.

Harley imports very less numbers into India as well. Forget Harley - premium bikes are themselves a very niche segment. Neither do they really contribute to the tax bottom line, nor do they hurt any of the Indian manufacturers.

No reason to keep such high CBU taxes only for some countries, atleast for 800cc and above. Or is there?
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Old 28th February 2018, 20:16   #62
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Default Re: Import duties on bikes revised, CBUs to cost less

https://m.timesofindia.com/auto/bike...w/63112577.cms

Its Harley Davidson's turn now, with price cuts announced upto a maximum of 3.73 lakh for their top of the line CVO.

Last edited by CrAzY dRiVeR : 28th February 2018 at 20:32.
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Old 2nd March 2018, 23:10   #63
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Trump today tweeted about this 50% one way taxation and said 'soon will start reciprocal tax'. Here's hoping a further reduction in CBU taxes and an open market for superbikes!
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Old 2nd March 2018, 23:28   #64
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Default Re: Import duties on bikes revised, CBUs to cost less

Don't know what will happen next but Triumph has increased prices across the range effective 1st March.
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Old 5th March 2018, 18:22   #65
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Default Re: Import duties on bikes revised, CBUs to cost less

I am planning to buy a Bonneville (pre-owned), as of now looking at pre-owned bikes. hope this tax change will impact the price? if it does, am sure will have a great impact on the pre-owned market as well.
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Old 8th March 2018, 11:16   #66
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Default Re: Import duties on bikes revised, CBUs to cost less

Prices of Ducati's CBU bikes slashed by up to Rs.7.36 lakh

Ducati has announced a price cut on select completely built unit (CBU) models. The announcement comes in the wake of the recent revision in custom duty on CBU imports which was dropped from 75% to 50% on bikes with engine capacity greater 800 cc.

Import duties on bikes revised, CBUs to cost less-panigale-r-edition.jpg

As a result, four models from Ducati India's line up that are imported directly from Bologna, Italy have seen a reduction in prices. These include the Monster 1200, Monster 1200 S (Red), Monster 1200 S (Charcoal Grey) and Panigale R Final Edition. Prices of these bikes have been slashed by Rs. 2.92 lakh, Rs. 3.49 lakh, Rs. 3.48 lakh and Rs. 7.36 lakh respectively. Apart from the said models, the prices of the rest of the range remain unchanged.

Model-wise revised ex-showroom prices:

Monster 1200 - Rs. 20.10 lakh

Monster 1200 S (Red) - Rs. 24.63 lakh

Monster 1200 S (Charcoal Grey) - Rs. 24.73 lakh

Panigale R Final Edition - Rs. 51.82 lakh

Link to Team-BHP News
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Old 8th March 2018, 13:17   #67
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Default Re: Import duties on bikes revised, CBUs to cost less

No impact on Scrambler pricing ?
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Old 8th March 2018, 13:22   #68
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Default Re: Import duties on bikes revised, CBUs to cost less

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No impact on Scrambler pricing ?
The Ducati Scrambler is imported from Thailand. Since India and Thailand have a Free Trade Agreement, the import duty is only 30% IIRC.

The revised prices are for motorcycles which are imported directly from Europe (earlier 75% import duty).
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Old 8th March 2018, 13:29   #69
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Default Re: Import duties on bikes revised, CBUs to cost less

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Don't know what will happen next but Triumph has increased prices across the range effective 1st March.
And Triumph rates have gone up.

http://autocarindia.com/bike-news/tr...-dearer-407664

Quote:
Model Price (current) Price (from March 19, 2018)
Street Twin (Silver/Red/ Matte Black) Rs 7.42 lakh Rs 7.82 lakh
Street Twin (Black) Rs 7.30 lakh Rs 7.70 lakh
T100 (Black) Rs 8.25 lakh Rs 8.70 lakh
T100 (Dual tone) Rs 8.54 lakh Rs 8.99 lakh
T120 (Cinder Red) Rs 9.39 lakh Rs 9.90 lakh
T120 (Black) Rs 9.27 lakh Rs 9.78 lakh
T120 (Dual tone) Rs 9.56 lakh Rs 10.07 lakh
Bobber (Black) Rs 9.56 lakh Rs 10.08 lakh
Bobber (Dual tone) Rs 9.85 lakh Rs 10.37 lakh
Scrambler (Black) Rs 8.38 lakh Rs 8.83 lakh
Scrambler (Matte green) Rs 8.50 lakh Rs 8.95 lakh
Scrambler (Dual tone) Rs 8.67 lakh Rs 9.12 lakh
Street Triple S (Red) Rs 8.71 lakh Rs 9.19 lakh
Street Triple RS Rs 10.55 lakh Rs 11.13 lakh
Thruxton R Rs 11.30 lakh Rs 11.92 lakh
Speedmaster Rs 11.11 lakh Rs 11.11 lakh
Tiger 800 XCA Rs 14.37 lakh
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Old 10th March 2018, 18:13   #70
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Default Re: Import duties on bikes revised, CBUs to cost less

I know this thread is focused on bike, but I can't help to mention that I see a loop hole. The commercial CBUs, trucks and buses are taxed only at 20%, all luxury lifestyle pickups will come under this category, off course as long as they are registered under yellow board. Does that mean a Mercedes X Class pickup @20% tax?
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Old 15th March 2018, 18:18   #71
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Default Re: Import duties on bikes revised, CBUs to cost less

Quoting Trump "An Indian company sells a lot of motorcycles in the US".

I don't know which Indian company sells motorcycles in the US apart from Royal Enfield. And their sales are only around 1000 bikes an year.

Somebody tell him "Indian Motorcycles" is an American company.
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Old 16th March 2018, 10:24   #72
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Default Re: Import duties on bikes revised, CBUs to cost less

"US President Donald Trump admitted making up figures in a meeting with Prime Minister Justin Trudeau, according to the Washington Post.

At a private fundraiser, he reportedly said he insisted to Mr Trudeau the US had a trade deficit with Canada, though he had "no idea" if it was true.

Mr Trump maintained in a tweet the US does have a trade deficit with Canada. But the US Department of Commerce says the US ran a $2.8bn (2bn) trade surplus with Canada in 2017."

http://www.bbc.com/news/world-us-canada-43418892

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Old 12th April 2018, 08:53   #73
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Default Re: Import duties on bikes revised, CBUs to cost less

As expected Harley CKD's price hiked. From Rs. 8,000 to Rs. 70,000 depending on models.
https://www.autocarindia.com/bike-ne...rcycles-408001
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Old 16th June 2018, 18:18   #74
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Default Re: Import duties on bikes revised, CBUs to cost less

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.

https://www.indiatimes.com/news/indi...ts-347547.html

Last edited by Turbanator : 16th June 2018 at 18:30.
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Old 16th June 2018, 19:10   #75
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Default Re: Import duties on bikes revised, CBUs to cost less

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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.
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!
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