India Notifies Claim Process For UK FTA Vehicle Tariff Quotas, Cutting Duty From 110% To 10%
India detailed the procedure for OEMs and authorised dealers to claim quota-based duty concessions on UK vehicle imports under CETA, effective July 15. Tariffs drop from 110% to 10% within a quota of 3.78 lakh units over 15 years, starting at 20,000 units and peaking near 37,000 in year 5. Mass-market and EV segments led by Tata, Mahindra and Maruti stay protected.
India notified procedure for OEMs and authorised dealers to claim quota-based duty concessions on UK vehicle imports under CETA, cutting tariffs from 110% to 10%, while protecting mass-market and EV segments led by Tata, Mahindra and Maruti.
Why this matters
Builds on India's UK FTA rollout: after notifying 35-55% local value-add rules and Rules of Origin for duty benefits from July 15, India now details how OEMs and dealers claim vehicle tariff quotas.
Retail-company signals accelerating at +700900% QoQ.