.jpg)
 |
https://in.pinterest.com
|
The
Central Board of Excise and Customs (CBEC), in February this year, had cut the
duty on bikes of 800cc or less and above 800cc to 50%. Earlier, the duty on
motorcycles with engine capacity of 800cc or less attracted 60 per cent duty,
while those above 800cc had 75.
Three
months after Indian government diminished the import obligation on extravagance
cruisers; the industry has seen a significant spike popular, with positive signs,
particularly for the players who import completely built units (CBUs).
The deals have gone up by 40% since decrease of import duty in February. With the usage of diminished import duty, the cost of luxury motorcycles has descended by over Rs 2lakh per unit, which has resulted in the deals bounce.
Be that as it
may, on the other side, while the obligation slice prompted increment after of
imported superbikes, the ones privately amassed saw tax increment of 5.75% in
the Budget.
The CBEC has
expanded the traditions obligation from 10% to more than 15% on import of
engine, gear box and transmission mechanism as a completely knocked down (CKU)
kit, which the bike makers termed as anti-Make in India move.
While the number
in dispatch post duty cut have gone up, the bookings of these bikes have also
increased as also the number of visiting customers in the showrooms.
Shriram AutomallIndia Limited (SAMIL) being the leading name in the industry is the only
platform providing Physical Bidding Platform to buy and sell used cars, bikes,
commercial vehicles, agricultural / construction equipment, three-wheelers etc.
To acquire used
motorcycles or any other automotive of desirable make and model at optimal
prices, visit your nearby Automall.
You can also
click the link below for convenient registration.
Link:
0 comments:
Post a Comment