New Delhi: Calling Duty on Imported Cars “outrageous”, Mercedes-Benz – Leader Luxury Cars in India – have supported the rival demands of Tesla that taxes must be lowered, “or customers are punished by buying a car on a double buyer who is paid in the US and the West Pasar Others.
“Martin Schwenk, MD Mercedes-Benz in India, has said that import duties in India are very high and must be reduced immediately to help develop new car markets carrying global technology.
“Please remember that it is currently impossible to localize all new technologies, including electricity, in India because of the low sales volume level we have here.
We cannot get customers at this level of task,” Schwenk toi said, looking for a duty reduction in charge With what Tesla and its founders have also appealed.
“I support requests.
My only submission is that the task must be reduced for all types of high-tech luxury products, and not only for electricity,” he said.
In Twitter interactions in July, Musk has said that his company is ready to establish a factory in India, but first wants “temporary assistance” to the import duty he received as “the highest in the world”.
“If Tesla can succeed with the imported vehicle, a factory in India is very possible,” he added, looking for a task regime that was easier at first before getting a real investment.
At present, India enacts 100% in cars that are fully imported with CIF values ​​(costs, insurance and shipping) more than $ 40,000 and 60% in the price are less than the amount.
“This is a real obstacle to developing the market,” Schwenk said, adding that the tasks in most international markets were around 10%.
“Finally, this is an Indian customer who was punished.
I sold the same car with half the price in the US.
The tax expense in India is very high, and slows down growth.” While some parts of the government have sympathized by the demands of luxury players on the reduction of import duties, the Ministry of Heavy Industries – which establishes the policy for the country’s car sector – does not support size.