Anurag Kumar
Revenue Secretary Sanjay Malhotra told Reuters on Thursday that India’s finance ministry is not considering duty exemptions for U.S. automaker Tesla Inc.
Elon Musk, CEO of Tesla, stated last month that Indian Prime Minister Narendra Modi was pressuring the automaker to make a “significant investment” in the country, adding that an announcement of this nature was imminent.
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In the past, discussions between the American automaker and the Indian government included a request for customs duty exemptions for the import of its electric vehicles, which India rejected.
“At this time, the Department of Revenue is not actively considering a duty exemption for Tesla,” Malhotra said on Thursday.
