India's latest Budget has reduced import duties on premium motorcycles, making brands like Harley-Davidson and Ducati more affordable. Bikes over 1,600cc now face a 30% duty, down from 50%. This decision aims to boost the high-end motorcycle segment while addressing trade policy criticisms. Import duty adjustments also affect cars and other goods to balance domestic and global trade pressures.
from Auto-Industry-Economic Times https://ift.tt/7K5ZnTS
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