{"id":37380,"date":"2025-05-13T16:07:06","date_gmt":"2025-05-13T10:37:06","guid":{"rendered":"https:\/\/caronphone.com\/news\/?p=37380"},"modified":"2025-05-13T18:27:12","modified_gmt":"2025-05-13T12:57:12","slug":"indias-fta-to-ease-taxes-on-luxury-british-cars","status":"publish","type":"post","link":"https:\/\/caronphone.com\/news\/indias-fta-to-ease-taxes-on-luxury-british-cars\/","title":{"rendered":"India\u2019s FTA to ease taxes on luxury British cars"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"37380\" class=\"elementor elementor-37380\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d647e20 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d647e20\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-73919e9c\" data-id=\"73919e9c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2cc018c4 elementor-widget elementor-widget-image\" data-id=\"2cc018c4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1440\" height=\"720\" src=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement.webp\" class=\"attachment-full size-full wp-image-37404\" alt=\"India\u2019s FTA to ease taxes on luxury British cars\" srcset=\"https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement.webp 1440w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement-300x150.webp 300w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement-1024x512.webp 1024w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement-768x384.webp 768w, https:\/\/caronphone.com\/news\/wp-content\/uploads\/India-UK-Free-Trade-Agreement-150x75.webp 150w\" sizes=\"(max-width: 1440px) 100vw, 1440px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48397a32 elementor-widget elementor-widget-text-editor\" data-id=\"48397a32\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIndia and the United Kingdom have come to a historic decision on a Free Trade Agreement (FTA) that will have a profound effect on the automotive industry. The deal yet to get final approval features a groundbreaking provision to reduce import taxes on British made cars by 90%. This development is supposed to make high-end cars of famous British brands offered in India more accessible and affordable.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12f1a41 elementor-widget elementor-widget-heading\" data-id=\"12f1a41\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Indian Automotive Market: What Are the Implications? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c1c13bc elementor-widget elementor-widget-text-editor\" data-id=\"1c1c13bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tToday the fully imported cars have to face a 100% duty in India. However due to the new trade agreement, these duties will be slashed to a trivial 10%. This shift is expected to reduce the cost of high end British cars such as <a href=\"https:\/\/caronphone.com\/rolls-royce-cars\">Rolls-Royce<\/a>, <a href=\"https:\/\/www.caronphone.com\/mclaren-cars\">Mclaren<\/a>, and Bentley which are mainly sold in India under the completely built unit (CBU) import model.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-efd472a elementor-widget elementor-widget-text-editor\" data-id=\"efd472a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tSuch reduction is likely to make these luxury brands more competitive in the Indian market, such that they may become more accessible to more consumers. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4101dbdb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4101dbdb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a3fef25\" data-id=\"a3fef25\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69a23aec elementor-widget elementor-widget-heading\" data-id=\"69a23aec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Top British Car Models to Get Most Advantage <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cd67ea elementor-widget elementor-widget-text-editor\" data-id=\"2cd67ea\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tA number of the models manufactured in Britain and currently being imported into India will be affected by the new lowered duties with a view towards a likely drop in their price by as much as 30-40%. Some of the most popular luxury cars that could receive a lower price can be the following ones: \n \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80b2b1c elementor-widget elementor-widget-text-editor\" data-id=\"80b2b1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul style=\"font-weight: 400;\"><li data-aria-posinset=\"1\" data-aria-level=\"2\"><span data-contrast=\"auto\">McLaren GT: Costing \u20b93.72 crore now, may go down to about \u20b92 crore.<\/span>\u00a0<\/li><li data-aria-posinset=\"2\" data-aria-level=\"2\"><span data-contrast=\"auto\">Rolls-Royce Phantom: Presently at \u20b99.50 crore, it may slip several crores.<\/span>\u00a0<\/li><li data-aria-posinset=\"3\" data-aria-level=\"2\"><span data-contrast=\"auto\">Bentley Flying Spur: At price tag of \u20b95.25 crore, could see dramatic price correction.<\/span>\u00a0<\/li><li data-aria-posinset=\"4\" data-aria-level=\"2\"><span data-contrast=\"auto\">Aston Martin DB12: Now \u20b9 4.59 crore, this can become more affordable.<\/span>\u00a0<\/li><li data-aria-posinset=\"5\" data-aria-level=\"2\"><span data-contrast=\"auto\">Mini Cooper SE (Electric): At \u20b953.50 lakh, may be reduced to \u20b930 lakh or lower.<\/span>\u00a0<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5f90274 elementor-widget elementor-widget-text-editor\" data-id=\"5f90274\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tSuch changes are part of a wider trade deal which is set to increase trade between India and the UK by \u00a325.5 billion by 2040. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-65414882 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"65414882\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c7c79c7\" data-id=\"c7c79c7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-10d3445 elementor-widget elementor-widget-heading\" data-id=\"10d3445\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What about other British Cars? <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ffd87ed elementor-widget elementor-widget-text-editor\" data-id=\"3ffd87ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tSome of the British brands like <a href=\"https:\/\/caronphone.com\/jaguar-cars\">Jaguar<\/a> and <a href=\"https:\/\/caronphone.com\/land-rover-cars\">Land Rover<\/a> are already being assembled in India from within JLR\u2019s facility in Pune. Vehicles such as <a href=\"https:\/\/caronphone.com\/land-rover-cars\/range-rover\">Range Rover<\/a>, <a href=\"https:\/\/caronphone.com\/land-rover-cars\/discovery-sport\">Discovery Sport<\/a> and <a href=\"https:\/\/caronphone.com\/land-rover-cars\/range-rover-evoque\">Evoque<\/a> are produced locally, hence they can enjoy low taxes as a result of assembly. Consequently, the price reductions that might occur to these models may not be the same as the fully imported ones. Nevertheless, they could get the slightest as well as minor changes in the pricing or the availability of additional trims at the same price points.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78929bd elementor-widget elementor-widget-heading\" data-id=\"78929bd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Impact on British Motorcycle Brands <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4cf51e31 elementor-widget elementor-widget-text-editor\" data-id=\"4cf51e31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe FTA will also include benefits for British motorcycle brands which include the likes of Triumph and Norton, two brands that have strategic associations with Indians companies like Bajaj Auto and TVS Motor respectively. These brands might potentially reverse the prices of their premium motorcycles making it more appealing to the traffic jam filled motorcycle market in India.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t    <div id=\"ad-1776227005-rJLTSH-container\"\r\n         class=\"comman-ads-container\"\r\n         style=\"position: relative; width: 100%; max-width: 970px; min-height: 50px; margin: 10px auto; display: flex; justify-content: center; align-items: center; overflow: hidden;\">\r\n\r\n        <!-- Loader -->\r\n        <div class=\"comman-ads-loader\" style=\"position: absolute; top:0; left:0; width:100%; height:100%; display:flex; align-items:center; justify-content:center; z-index:2;flex-direction: column;\">\r\n            <div style=\"width:32px; height:32px; border:3px solid #e5e7eb; border-top:3px solid #9ca3af; border-radius:50%; animation: spin 1s linear infinite;\"><\/div>\r\n            <span 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[&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":37403,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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