Harley Davidson Tariff India

But 13 of these models are CKD units and are completely assembled in India.

Harley davidson tariff india. Trump Premium US President Donald Trump. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like India. Harley Davidson has to pay tremendous tariffs in India.

With the new proposal India will create a new category of 1600cc and above and will only lower tariffs for that class of bikes. The most expensive Harley Davidson bike CVO Limited is priced at 5053L 69745. 11 Jun 2019 1015 AM IST PTI.

AFP 1 min read. 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. India-built Harley-Davidson motorcycles are also exported to Europe and Asia.

The plan is part of ongoing trade talks with the US. We have if you are Harley Davidson you have 50 to 75 per cent tax tariff to get your motorcycle your product in. India did lower duties on the Milwaukee Wisconsin-based motorcycle maker to 50 per cent in 2018 from around 100 per cent earlier but the US President found the new tariff rate still unacceptable.

While the effort is commendable Harley-Davidson established a factory in India and doesnt actually have a tariff to pay on locally-sold units so is this all in vain. Harley Davidson has to pay tremendous tariffs in India. These 13 are relatively cheaper models and account for most of Harley Davidsons sales in India.

Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Harley motorcycles made and assembled in the US cost more to import into India than motorcycles which are assembled in India with US made parts. In the last few years Trump often cited the Narendra Modi-led governments tariffs on Harley-Davidson as an example of why India is a tariff king.