Tag: import duty on cars
Posted in Business
India to slash import duty on luxury cars to 30% immediately, in boost for Mercedes, BMW| Business News
New Delhi will immediately cut import duty on luxury cars to 30% from as high as 110% under the India-EU FTA, an official said, opening…
Posted in Business
Import duty on cars cut to 10% from 110%, with riders| Business News
India and the European Union (EU) have signed a free trade agreement that will gradually reduce the import duty on cars to 10% with an…
Posted in Business
VW to BMW brace for tough India market even after India-EU trade deal| Business News
European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import…
Posted in Business
M&M leads decline in auto stocks as India-EU FTA said to cut import duty on cars| Business News
Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty…