
Photo: India Today
UK Seeks Custom Duty Cut On Electric Vehicles Amid Discussion With India
The UK is pushing for a cut in customs duty on electric vehicles in the ongoing negotiations for signing a free-trade deal with India, a senior official confirmed. At present there is a customs duty of 60 per cent on imported cars priced below $40,000 while it is 100% on those priced above this point. The UK has suddenly brought in the new proposal on electric vehicles, uneasy for India.