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India lays out tariffs and quotas for U.K. vehicles under trade deal

The Hindu1h agoAI sentiment: neutral
India lays out tariffs and quotas for U.K. vehicles under trade deal

As per the Directorate General of Foreign Trade’s notification, a total of 20,000 completely built units (CBUs) of petrol and diesel passenger vehicles will be allowed for import from the U.K. at concessional rates of 30-50%, depending on the size of the car, down from the normal import duty of between 66-110%

This summary was generated by PolitGlobe's AI pipeline from publicly available reporting at The Hindu. For the full original article, visit the source below.

Read full article at The Hindu
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