Import Duties
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India's New EV Policy Cuts Import Duties For Global Automakers
With the new import duties reduced from 110 percent to 15 percent, the SPMEPCI policy aims to attract automakers to the Indian market.
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Flagship India EV Policy Is a ‘Non-Starter’ for Global Firms
India is rolling out a new flagship EV policy in order to attract international automakers. The policy offers to slash duty to 15 percent on any imported electric car priced from $35,000 (roughly Rs. 30 lakh) if the maker invests at least Rs. 4,150 crore, or about $500 million (roughly Rs. 4,150 crore), to set up a local plant within three years.
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Elon Musk's Tesla "Not Interested" In Manufacturing In India: Minister
The remarks came amid the government's push to promote domestic manufacture of passenger cars, with a special focus on electric vehicles (EVs).
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India to Open Flagship EV Making Policy to Lure Global Giants
India is set to open applications for its flagship policy offering lower import duties to global EV makers in exchange for manufacturing. The policy was announced in March 2024.
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US Court Blocks Trump Tariffs, Rejects "India-Pak Ceasefire" Argument
A US trade court on Wednesday blocked Donald Trump's 'Liberation Day' import tariffs from going into effect, ruling that the President overstepped his authorities with the across-the-board duties on countries that sell more to the US than they buy.
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US Trade Court Blocks Trump's 'Liberation Day' Tariffs
A US trade court on Wednesday blocked Donald Trump's "Liberation Day" tariffs from going into effect, ruling that president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the US than they buy.
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Professor Arrested For Op Sindoor Post Gets Bail, "Choice Of Words" Lesson
"Asking For Right To Free Speech, Where Is Your Duty?" Court To Ashoka Professor
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Trump's Massive Tariffs Haven't Done Much Economic Damage Yet
Trump has plastered 10% taxes on imports from almost every country on earth. He's also imposed 25% duties on cars, aluminum, steel, and many imports from Canada and Mexico.
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Luxury Car Fraud: Hyderabad Dealer Arrested In Rs 100 Crore Scam
The list of imported cars in the fraud includes a Rolls-Royce, Cadillac Escalade, Hummer EV, Lincoln Navigator, and others.
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30 High-End Vehicles, Multi-Crore Scam: Hyderabad Luxury Car Dealer Arrested
Preliminary investigation revealed that the luxury vehicles were sourced from countries such as the United States and Japan.
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Donald Trump's Big "No Tariffs" Claim, And A Sharp Response By S Jaishankar
A day before trade minister Piyush Goyal and a delegation of top negotiators are to arrive in Washington for talks on the proposed India-US trade deal, Donald Trump has let the cat out of the bag by making a huge claim.
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India-UK Free Trade Agreement To Drive Down Premium Cars, SUV Prices
The Free Trade Agreement between India and the United Kingdom might result in decreasing import duties on certain models made-in-UK.
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FTA: Only A Few Thousand Units Of British EVs To Remain Duty-Free
The duty-free quota on EVs is limited only to a few thousand. No out-of-quota duty reduction for EVs. The sensitivity related to EVs has been taken care of - Official.
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China Says 'Evaluating' US Tariff Talks Talks, But Wants Trump's "Sincerity"
Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States.
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US "Proactively" Reaching Out To China For Talks On Tariffs: Report
Punishing US tariffs reached 145 percent on many Chinese products, while Beijing responded with fresh 125 percent duties on imports from US.
-
India's New EV Policy Cuts Import Duties For Global Automakers
With the new import duties reduced from 110 percent to 15 percent, the SPMEPCI policy aims to attract automakers to the Indian market.
-
Flagship India EV Policy Is a ‘Non-Starter’ for Global Firms
India is rolling out a new flagship EV policy in order to attract international automakers. The policy offers to slash duty to 15 percent on any imported electric car priced from $35,000 (roughly Rs. 30 lakh) if the maker invests at least Rs. 4,150 crore, or about $500 million (roughly Rs. 4,150 crore), to set up a local plant within three years.
-
Elon Musk's Tesla "Not Interested" In Manufacturing In India: Minister
The remarks came amid the government's push to promote domestic manufacture of passenger cars, with a special focus on electric vehicles (EVs).
-
India to Open Flagship EV Making Policy to Lure Global Giants
India is set to open applications for its flagship policy offering lower import duties to global EV makers in exchange for manufacturing. The policy was announced in March 2024.
-
US Court Blocks Trump Tariffs, Rejects "India-Pak Ceasefire" Argument
A US trade court on Wednesday blocked Donald Trump's 'Liberation Day' import tariffs from going into effect, ruling that the President overstepped his authorities with the across-the-board duties on countries that sell more to the US than they buy.
-
US Trade Court Blocks Trump's 'Liberation Day' Tariffs
A US trade court on Wednesday blocked Donald Trump's "Liberation Day" tariffs from going into effect, ruling that president overstepped his authority by imposing across-the-board duties on imports from nations that sell more to the US than they buy.
-
Professor Arrested For Op Sindoor Post Gets Bail, "Choice Of Words" Lesson
"Asking For Right To Free Speech, Where Is Your Duty?" Court To Ashoka Professor
-
Trump's Massive Tariffs Haven't Done Much Economic Damage Yet
Trump has plastered 10% taxes on imports from almost every country on earth. He's also imposed 25% duties on cars, aluminum, steel, and many imports from Canada and Mexico.
-
Luxury Car Fraud: Hyderabad Dealer Arrested In Rs 100 Crore Scam
The list of imported cars in the fraud includes a Rolls-Royce, Cadillac Escalade, Hummer EV, Lincoln Navigator, and others.
-
30 High-End Vehicles, Multi-Crore Scam: Hyderabad Luxury Car Dealer Arrested
Preliminary investigation revealed that the luxury vehicles were sourced from countries such as the United States and Japan.
-
Donald Trump's Big "No Tariffs" Claim, And A Sharp Response By S Jaishankar
A day before trade minister Piyush Goyal and a delegation of top negotiators are to arrive in Washington for talks on the proposed India-US trade deal, Donald Trump has let the cat out of the bag by making a huge claim.
-
India-UK Free Trade Agreement To Drive Down Premium Cars, SUV Prices
The Free Trade Agreement between India and the United Kingdom might result in decreasing import duties on certain models made-in-UK.
-
FTA: Only A Few Thousand Units Of British EVs To Remain Duty-Free
The duty-free quota on EVs is limited only to a few thousand. No out-of-quota duty reduction for EVs. The sensitivity related to EVs has been taken care of - Official.
-
China Says 'Evaluating' US Tariff Talks Talks, But Wants Trump's "Sincerity"
Punishing US tariffs that have reached 145 percent on many Chinese products came into force in April while Beijing has responded with fresh 125 percent duties on imports from the United States.
-
US "Proactively" Reaching Out To China For Talks On Tariffs: Report
Punishing US tariffs reached 145 percent on many Chinese products, while Beijing responded with fresh 125 percent duties on imports from US.
