India issues rules for cheaper UK car imports
Synopsis India has notified importers on seeking government approval for duty concessions. The free trade agreement with the UK will reduce automotive import duties significantly
Synopsis India has notified importers on seeking government approval for duty concessions. The free trade agreement with the UK will reduce automotive import duties significantly.
Importers must provide a Certificate of Origin from UK authorities for eligibility. Only authorised Original Equipment Manufacturers and their partners can apply. The agreement aims
to benefit consumers by passing on duty reductions.
The BriefWire