WNA Globe

World News by Wild Rose

#concessional rates ร—

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

As per the Directorate General of Foreign Tradeโ€™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%