Ducati India Eyes India-EU FTA to Counter High GST on Luxury Motorcycles
2 hours agoBusiness
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Ducati India Eyes India-EU FTA to Counter High GST on Luxury Motorcycles

Ducati India is looking to the proposed India-EU Free Trade Agreement (FTA) as a potential solution to offset the impact of a 40% Goods and Services Tax (GST) on luxury motorcycles above 350cc. The increased GST, up from 31% previously, has raised Ducati's tax burden significantly, leading to price hikes passed on to customers. Ducati India's managing director expressed concern that high taxation could slow the growth of the premium biking culture in India, a sentiment shared by industry bodies advocating for government relief.

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