Monday, May 15, 2023

Indian carmakers back zero duty on limited British imports under trade deal

Indian carmakers back zero duty on limited British imports under trade deal India currently levies 60% and 100% tax on car imports which will be reduced in a phased manner to 10% by year five but only for a maximum of 46,200 vehicles, according to a proposal made by the country#39;s leading auto lobby group to the government.

from Moneycontrol Business News https://ift.tt/rF6hyed

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