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Indian carmakers back zero duty on limited British imports under trade deal

Indian carmakers back zero duty on limited British imports under trade deal India currently levies 60% and 100% tax on car imports which will be reduced in a phased manner to 10% by year five but only for a maximum of 46,200 vehicles, according to a proposal made by the country#39;s leading auto lobby group to the government.

from Moneycontrol Business News https://ift.tt/h6jckgW
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