110% to 10% in 10 years: Import tariff to be cut on some vehicles, but with 2.5L annual quota
Published on: Jan. 28, 2026, 3:32 a.m. | Source: Times of India
India Business News: New Delhi: It's advantage Mercedes, BMW and Audi. The FTA will reduce import tariffs for cars that cost upwards of Rs 25 lakh from EU from a high of 1.
