Harley Davidson Tariff India

India classifies motorbikes by their engine capacity measured in cubic centimeters cc currently broken down into four categories 75 250 500 and 800cc and above.

Harley davidson tariff india. 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. He said that he had spoken to Modi about the 100 percent tariff that India had been charging on the bike and he reduced it by 50 percent with one phone call. From the European Association of Motorcycle Manufacturers ACEM rushing to.

Harley Davidson has to pay tremendous tariffs in India. Trump Premium US President Donald Trump. Too much for Trump.

Harley-Davidsons European trade woes have been front-page news since April 2021. When India sends its motorcycles to the US there are absolutely no tariffs. The levy on condensed milk is 496 per kilo which worked out to a 103 tariff in 2015.

Harley-Davidson is the leading premium motorcycle brand in India with annual sales of over 3000 motorcycles. Such an elevated entry price significantly narrows the Total Addressable Market TAM in a fairly price-sensitive market like India. 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.

Through a complicated tax system imported motorcycle parts face around a 39 percent tariff. The plan is part of ongoing trade talks with the US. In retaliation the EU increased the tariffs on motorcycles from 6 to 31 on June 22 which added 2200 to the average cost of a Harley-Davidson and a few days later Harley-Davidson.

The ruling is not due to come into effect until June and Harley is rightly stating it will appeal the law. Harley Davidson has to pay tremendous tariffs in India. 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.