Harley-Davidson India hikes prices of CKD models
In order to offset the effect of increased customs duty on CKD units, Harley-Davidson has hiked the prices of its completely knocked down (CKD) models by up to 8 per cent with effect from April 1, 2018. As a result, the HD 1200 custom is now more expensive by Rs 86,000, while the Street 750 has become dearer by Rs 8,000.
Here’s a complete list of all the models that fall under the price revision:
All prices, ex-showroom Delhi
Meanwhile, Suzuki’s CKD offering, the legendary Hayabusa, has become more affordable in spite of the hike in customs duty. Now, you may ask how the Japanese two-wheeler manufacturer were able to do that. Well, that’s because the government applies a lower customs duty rate on motorcycles whose engine and gearbox are imported as a single unit rather than separately. The customs duty on such models have been brought down to 25 per cent from the earlier 30 per cent, resulting in lower prices. Companies such as Triumph and Harley-Davidson, on the other hand, import the engine and gearbox separately, incurring a duty charge of 15 per cent when compared to the 10 per cent earlier.
The 2018 Union Budget also saw customs duty on (completely built units) CBU models being revised from 30 per cent to 25 per cent. This has allowed manufacturers like Honda, Kawasaki and Suzuki to drop the prices of their CBU models by a substantial margin.