India-EU FTA: India to slash import duty on luxury cars to 30% immediately, in boost for Mercedes, BMW
The India-EU FTA includes a clause to gradually reduce import duty on cars to 10% from 70%-110% at present, which benefits Mercedes-Benz, BMW and VW's Audi.
The India-EU FTA includes a clause to gradually reduce import duty on cars to 10% from 70%-110% at present, which benefits Mercedes-Benz, BMW and VW's Audi.
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