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Global Trade Alert

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India: Increased import duties on luxury cars, yachts, and motorcycles

Description

On February 28, 2013, the Ministry of Finance of India published a Press Release announcing the following increases in import duties:High-end motor vehicles of a value higher than US$40,000: from 75% ...

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Intervention Details

Intervention Type

Import tariff

MAST Chapter

Tariff measures

Implementation date

01 Apr 2013

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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