John Smyth
2025-04-28 12:28:53 UTC
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Permalink'On both automobiles and auto parts, the US charges approximately 2.5
per cent tariff on imports from India, while India charges 110 per cent
(70 per cent Basic custom duty + 40 per cent cess) on fully built cars
and around 15 per cent tariffs on auto parts. Further, on two wheelers,
the US charges 2.4 per cent import duty, while India imposes a higher
import duty of 70 per cent. '
<https://www.financialexpress.com/business/industry-zero-tariffs-nomura-says-no-sizeable-impact-expected-on-indias-auto-sector-3776438/>