India notifies UK FTA tariff-quota process, slashing vehicle import duties from 110% to 10%
Under the India-UK CETA, effective July 15, India opens quotas letting UK-made vehicles enter at 10% duty versus ~110%, capped at 3.78 lakh units over 15 years (20,000 in year one, 37,000 at peak). A GBP 40,000 CIF threshold shields mass-market EVs, protecting Tata, Mahindra and Maruti from cheaper imports.
India notifies TRQ procedure for UK FTA vehicle import concessions, cutting auto duties from ~110% to 10% under quotas. Mass-market EV segment protected below GBP 40,000, shielding Tata, Mahindra and Maruti from cheaper UK imports.
Why this matters
Follows India-UK CETA's notified rules of origin and 35-55% local value-add requirements ahead of the July 15 rollout, now extending duty relief to UK vehicle imports under managed quotas.
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