India-EU FTA to allow 1 lakh EU cars at concessional duties in first year: Report

India-EU FTA to allow 1 lakh EU cars at concessional duties in first year: Report

Summary: The quota for ICE and hybrid vehicles will rise to 1.6 lakh units starting in the tenth year, while EV concessions will kick in from the fifth year.

The quota for ICE and hybrid vehicles will rise to 1.6 lakh units starting in the tenth year, while EV concessions will kick in from the fifth year.

Source: https://auto.economictimes.indiatimes.com/news/passenger-vehicle/india-eu-fta-to-allow-1-lakh-eu-cars-at-concessional-duties-in-first-year-report/134115109

Add a Comment

Your email address will not be published. Required fields are marked *