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India To Allow 3.78 Lakh UK Car Imports At Concessional Duty In First 15 Years Of Trade Pact

As reported by NDTV Profit - Latest
Under the comprehensive economic and trade agreement (CETA), import duties on automotive products will fall from about 110% to 10%, with quotas on both sides.
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India will permit 3.78 lakh UK car imports over 15 years under a new Comprehensive Economic and Trade Agreement (CETA). This pact will significantly reduce import duties on automotive products from 110% to just 10%. The move aims to boost bilateral trade and offer Indian…

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