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The Nexus
BUSINESSJul 10 · 07:21 UTCTHE HINDU NATIONAL

India lays out tariffs and quotas for U.K. vehicles under trade deal

India has introduced tariffs and quotas for UK vehicles under a trade deal, allowing 20,000 completely built units of petrol and diesel passenger vehicles to be imported at concessional duty rates of 30-50%, a reduction from the standard 66-110% import duty.

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