Budget paves the way for India-US Harley diplomacy as customs duty on bigger bikes slashed

Ahead of PM Modi's visit to the US, the Union Budget reduces import duties on bigger bikes, benefiting companies like Harley-Davidson. While cars like Tesla saw a customs duty cut, the actual effective tax remains unchanged due to the newly added Agriculture Infrastructure and Development Cess.

Feb 2, 2025 - 20:10
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Budget paves the way for India-US Harley diplomacy as customs duty on bigger bikes slashed
Ahead of PM Modi's visit to the US, the Union Budget reduces import duties on bigger bikes, benefiting companies like Harley-Davidson. While cars like Tesla saw a customs duty cut, the actual effective tax remains unchanged due to the newly added Agriculture Infrastructure and Development Cess.

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