side-banner

Tesla seeks reduction in import duties on electric cars: Report

Shortpedia

Content Team
Image Credit: Shortpedia

US-based electric car major Tesla has demanded reduction in import duties on electric vehicles (EVs) in India, a senior government official said on Friday. At present, cars imported as completely built units (CBUs) attract customs duty ranging from 60 per cent to 100 per cent, depending on engine size and cost, insurance and freight (CIF) value less or above USD 40,000.