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Govt. proposes duty cut for Harley Davidson bikes

As part of the ongoing trade talks with the US, it is reported that the Indian Government has proposed a new tariff classification for motorcycles with cylinder capacity exceeding 1,600cc. The revised tariff is expected to be in single digits.

The move comes after the US President expressed criticism of the harsh duties in India. Earlier, the duty on higher capacity bikes was reduced from 100% to 50%. India classifies motorcycles as per engine capacity - 75cc, 250cc, 500cc and 800cc or above. A new category for 1,600cc and above will be created.

India has also asked for a reduction in the H-1B visa fee as part of the trade talk.

Source

 
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