Tesla plant in India

Discussion in 'Tesla' started by SRCGTA, Jan 8, 2018.

  1. SRCGTA

    SRCGTA New Member

    Hi everyone, basically I want answer from Tesla whether they r going to set a plant in India? If yes , then when?

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  2. Domenick

    Domenick Administrator Staff Member

    From what I understand, it is supposed to come this year, but I wouldn't be surprised if it's delayed for one reason or another.
    India has a 60% customs duty on import of completely-built electric cars priced under $40,000 and 100% for those priced more than $40,000, so they might need some sort of final assembly done there, similar to its operations in Tilburg, Netherlands.
     
  3. SRCGTA

    SRCGTA New Member

    Ya but as per new GST bill , the slab has been reduced.

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  4. Domenick

    Domenick Administrator Staff Member

    Sorry, GST (goods and services tax) I understand, but I don't know what "slab" is.
     
  5. SRCGTA

    SRCGTA New Member

    See, actually slab is the total percentage of tax u pay, as u said about the 60% custom duty, here 60%is the tax slab

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  6. Domenick

    Domenick Administrator Staff Member

    Ah, I see. Thanks for the Indian English lesson. :)
     
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  7. Pushmi-Pullyu

    Pushmi-Pullyu Well-Known Member

    Presumably a slang term meaning more or less the same as slice, cut, percentage, piece of the action, vigorish, or rake off. :cool:
     
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