India: Customs duty on CKD cars hits 30%

The government has lifted customs duty on imported cars assembled in India to 30%, up from the 10% level it was till just a few weeks back. While foreign OEMs expressed disappointment at the move, they still breathed easy as the Indian Finance Minister Pranab Mukherjee spared them the 60% Subscribe to Automotive World to … Continued

• By Webmaster
• March 23, 2011