South Asia and Beyond

India Rejects Tesla Request For Lower Tariffs

India has rejected requests by Tesla chief Elon Musk for lower tariffs so it can export electric vehicles to this country. The chairman of the Central Board of Direct Taxes, Vivek Johri, said there is no scope for rejigging the current tariff structure since “some investments have come in … so it is clear that this is not a hindrance”.  Tesla is currently building electric vehicles in China.

Nitin A Gokhale WhatsApp Channel

Related