Wednesday, 30 November 2011

Thailand lets Honda import cars tariff-free to June





Honda Motors has been the worst hit automaker due to Thai floods. The car maker was earlier hit by the Earthquake in Japan on 11 March 2011, and later on due to the floods in Thailand both the places where the auto maker has a vast presence.

Thailand government has now given some relief to the automaker by announcing the policy of not charging additional import cost by the already hit automaker.

All car producers in the country would be able to import parts and machinery tariff-free to replace goods damaged by the flooding, but only Honda will be allowed to bring in complete vehicles until June 30 and with effect from Oct. 25.
The normal charges shall apply with effect from 01st July 2012.

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