India-UK CETA cuts premium car duty from 110% to 30% from July 15, boosting luxury auto retail
The India-UK trade pact takes effect July 15, slashing customs duty on fully imported UK premium cars—Rolls-Royce, Aston Martin, McLaren, Land Rover—from 110% to 30% within a 20,000-vehicle annual quota. In-quota duty eventually falls to 10%, benefiting authorized OEM dealers and mobility retail.
India-UK CETA takes effect July 15, cutting customs duty on fully imported UK premium cars (Rolls-Royce, Aston Martin, McLaren, Land Rover) from 110% to 30% within a 20,000-vehicle annual quota, benefiting mobility retail and authorized OEM dealers.