High tariffs on luxury ships and boats exported to India
Trade barrier summary
Tariffs in India in ships and boats are 10%. However, for yachts and for other vessels for leisure and sports, tariffs are 25% - combined with associated taxes - this can make total duties rise to over 40%.
Sectors affected
- Advanced engineering
- Maritime
Resolved
No
Date reported
12 October 2020
Last updated
18 December 2020
Public ID
PID-GKAZKB
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