Tuesday, 25 November 2014

High import duty in India burdensome for carmakers: Lamborghini President

“In 2011, the customs duty was 60 per cent and the basic customs duty now is 100 per cent, which ranges up to 167 per cent ... this is what the main burden we have (for selling their cars in India,” he told reporters here at the inauguration of the company’s showroom here.



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