Since '02 xBhp is different things to different people. From a close knit national community of bikers to India's only motorcycling lifestyle magazine and a place to make like minded biker friends. Join the #16YearsOfxBhpCelebrations click here.

T-shirt
Magazine
Castrol Power 1

The slower the vehicle, the quicker it can turn.

Our Partners

User Tag List

Results 1 to 2 of 2
Like Tree2Likes
  • 2 Post By NewsReaper

Thread: Motorcycles from Indian, Harley to get pricier according to new proposal

  1. #1
    Official xBhp NewsMonger
    Join Date
    Sep 2008
    Location
    India
    Posts
    2,815
    Mentioned
    3 Post(s)
    Tagged
    0 Thread(s)

    Default Motorcycles from Indian, Harley to get pricier according to new proposal

    In a retaliatory move, India has decided to suspend concessions on 30 products originating from the United States. These 30 products constitute of premium bikes as well in addition to other things. Customs duty on motorcycles with engine capacity over 800 cc will be raised up to 50 per cent i.e. bikes from Indian, Harley Davidson etc may get pricier.

    The move is stated to be retaliatory because US also imposed higher duties on Indian Steel and Aluminium exports. In March, the US imposed 25 percent duty on certain steel products and 10 percent on aluminium products, which will help the US collect 241 million dollars of duty.

    India in a letter to the World Trade Organisation (WTO) stated that the suspended concessions are substantially equivalent to the amount of trade affected by the measures imposed by the United States. India expects around US dollars 238.09 million of duty to be collected through the measure imposed on the US.

    India has also stated that, “This notification is made in connection with safeguard measures imposed by the United States of America on imports of certain aluminium and steel articles.”

    This move in all probability will nullify the effects of the reduction in duty that was implemented by India a few months ago. Check out the news here.

    Source

  2. #2
    Addicted marcussantiago's Avatar
    Join Date
    Mar 2013
    Location
    New Delhi
    Posts
    106
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)

    Default Re: Motorcycles from Indian, Harley to get pricier according to new proposal

    All the more reason for Harley to get with the program and launch the Street 500 in India.

    A pre-owned sales system where H-D refurbishes and resells used bikes as rumored, might also help make some lemonade out of this lemon.
    Urban Gypsies MC

Similar Threads

  1. Replies: 2
    Last Post: 07-10-2017, 09:33 AM
  2. Indian Motorcycles gets bigger!
    By NewsReaper in forum News
    Replies: 7
    Last Post: 12-21-2012, 02:13 AM
  3. Harley recall 308,000 motorcycles worldwide
    By NewsReaper in forum News
    Replies: 0
    Last Post: 11-01-2011, 02:35 PM
  4. Replies: 17
    Last Post: 02-18-2011, 01:40 PM
  5. Harley may assemble motorcycles in India
    By cicatrix in forum News
    Replies: 13
    Last Post: 01-26-2010, 02:39 AM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •