European Auto Major Skoda Auto Volkswagen India said on Monday that it does not support the new mutual tariffs imposed by the Trump administration, which has now been stopped for 90 days on non-reversal countries, this step can open opportunities for industries over the long term. Earlier, the group, which is struggling with the notice due to the show showing the show of 11,000-taxes for alleged customs duty duty related to import of cars, completely as units below, rolled out the All-Nine Volkswagen Tiguan R line at an introductory price of ₹ 49 lakhs. Piyush Arora, Managing Director of Skoda Auto Volkswagen India, told PTI here at the launch event, “Of course, we (mutual) do not support tariffs, but at the same time there are many discussions about opening the economy through bilateral trade or free trade agreements in India,”
Emphasizing that the group always believes in the transfer of technology between the “free trade” and the countries for customers and their benefits, Arora said that there is still a lot of uncertainty that the US administration has been hovering around the recent announcements on the tariff front.
However, he said that these developments (tariff discussions) can expedite the free trade agreements being discussed between India and the European Union for a long time.
“I am confident that there are opportunities for India. We have always been a proposer to be a low tariff between Europe, whether it has been discussed by the European Union or a bilateral FTA which has been discussed for a very long time, but can also give an opportunity.
Arora said, “Increased tariffs from India to our component industry can cause short -term hiccups, which is exporting a good amount of parts to the US and the initial tariffs can prevent that obstruction, but probably will probably open the opportunity in the long run,” Arora said.
At the same time, it cannot be said at this level how this entire tariff issue will be resolved and in which direction it is going to move forward to the target positions, he said, “India is being affected in a different way which is visualizing some other competitive economies, so we have to see how it comes out.”
MQB Evo built on the EVO platform, the all-nine third-generation flagship SUV Tiguan R-Line claims a new chassis generation and comes with a 2.0-liter TSI EVO engine. It is equipped with a host of new features such as Air-Care Climatronic (3-Zone Air-Conditioning), Park Assist Plus with Park Distance Control and Indeccation for 2 smartphones.
Ashish Gupta, brand director of Woakeswagen India, said, “With the launch of all the new Tiguan R-line today, we are entering an exciting phase for Volkswagen in India, a stage that symbolizes the future of premium dynamics from Volkswagen.”
Along with other security features, the latest flagship SUV has also been packed with advanced technology with 9-airbags, tire pressure monitoring systems, front and rear disc brakes with advanced technology with 21 level 2 adas (advanced driving aid system).
Additionally, All-New Tiguan R-Line has received a 5-star Euro NCAP security rating, which is one of the safest SUVs on Indian roads, the company said, saying that the new offering delivery will begin on the Voxwagen dealership network in the country from 23 April.
On the notice of Savwipl allegedly, he reiterated the company’s earlier situation and said that it has been “followed” by rules not only in India but also globally.
He said, “I think from the point of view of classification dispute, which is currently with the Government of India, we have been doing this business in this way for the last two decades and we will continue to do so and we will continue to evaluate the measures that are available,” he said.
The German company headed by the Skoda Auto Volkswagen India, instead of a component of the ‘completely knocking’ unit, has been deliberately accused of deliberately misleading customs officers through their mode of importing imports of importing individual units, which attracts high import duty.
The CKD units attract 30–35 percent of the duty, but Volkswagen declared its imports as different components in different shipments and paid only 5-15 percent of the duties according to the Customs Department.
According to officials, imports of various uncontrolled parts of cars as CKD units should have been declared.
The company has challenged the tax notice in the court.