I want to buy a car it s not available in India but I want

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I want to buy a car it's not available in India but I want to buy it so can u please help me by giving price information of bringing it in india. Car is Mustang 2012 shelby GT-500 Please give me Information of all Expenditure of bringing it in India including taxes and all other things so please Email me at :- miteshchaudhary37@yahoo.com. Thank You.
  • 1491 day(s) ago by Mitesh
Under:   #Cars
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Kiran
http://www.cartrade.com/answers/706.html
The total Customs duty incidence on cars comes to around 181%. The car can only be imported, if you are transferring residence into India and the engine capacity is less than 1600 cc (for new cars), there is no cc limit for old and used cars, in your possession for more than 1 year No import licence required for importing cars and other vehicles into India.
1. The importer should have been continuously stayed in abroad for a period of two years before coming to India for permanent settlement.
2. The payment for the car is made abroad.
3. The car should have been in use for atleast one year prior to importer's return to India.
4. The car should be imported within six months of the arrival of importer in India.
5. The custom duty should be paid in foreign exchange 6. The importer is free to sell this car in the open market after his return to India without any restrictions about the period of retention of the vehicle.
7. The importer can import another vehicle only after five years, if he moves out of India 8. The duty on import by a handicapped persons can be paid in rupees and the vehicle in this case cannot be sold at any time without the permission of the government.
9. Import of spares up to a value of Rs.20,000.00 for each imported vehicle is allowed with a license.
10. The import duty is charged on the basis of list price prevailing.
However, trade discount and depreciation on the value are deducted from the price list but freight from the country of manufacture and insurance charges are added.The landing charges are further added to arrive at the final assessable value.
General guidelines for importing a new or used car to India

The import of vehicles shall be subject to the following guidelines of the Government of India:

1. (I) A new imported vehicle shall mean a vehicle that: -

(a) has not been manufactured/assembled in India; and
(b) has not been sold, leased or loaned prior to importation into India; or
(c) has not been registered for use in any country according to the laws of that country, prior to importation into India.

(II) The import of new vehicles shall be subject to the following conditions:

(a) The new vehicle shall-

(i) have a speedometer indicating the speed in km / h;
(ii) have right hand steering, and controls (applicable on vehicles other than two and three wheelers);
(iii) have photometry of the headlamps to suit "keep-left" traffic; and
(iv) be imported from the country of manufacture.

(b) In addition, the new vehicle shall conform to the provisions of the Motor Vehicles Act, 1988 and the rules made thereunder, as applicable, on the date of import.

(c) The import of new vehicles shall be permitted only through the Customs port at Nhava Sheva (Mumbai), Calcutta and Chennai.

2. (I) A second hand or used vehicle shall mean a vehicle that :-

(a) has been sold, leased or loaned prior to importation into India; or
(b) has been registered for use in any country according to the laws of that country, prior to importation into India;

(II). The import of second had or used vehicles shall be subject to the following conditions:-

(a) The second hand or used vehicle shall not be older than three years from the date of manufacture;
(b) The second hand or used vehicle shall:

(i) have right hand steering, and controls (applicable on vehicles other than two and three wheelers);
(ii) have a speedometer indicating the speed km / h; and
(iii) have photometry of the headlamps to suit "keep left" traffic.

(c) In addition, the second hand or used vehicle shall conform to the provisions of the Motor Vehicle Act, 1988 and the rules made thereunder, as applicable, on the date of import.

(d) Import of second hand vehicles shall be allowed only through the customs port at Mumbai.

(e) The second hand or used vehicles imported into India should have a minimum roadworthiness for a period of 5 years from the date of importation into India with assurance for providing service facilities within the country during the five year period. For this purpose, the importer shall, at the time of importation, submit a declaration indicating the period of roadworthiness in respect of every individual vehicle being imported, supported by a certificate issued by any of the testing agencies, which the Central Government may notify in this regard.

(f) The vehicle has to be submitted for testing to Vehicle Research and Development Establishment (VRDE), Ahmednagar, of the Ministry of Defence or the Automotive Research Association of India, Pune or the Central Farm and Machinery Training and Testing Institute, Budni, Madhya Pradesh, and such other agencies as may be specified by the Central Government, for granting a certificate by that agency as to the compliance of the provisions of the Motor Vehicles Act, 1988 and any rules made thereunder.
 

Posted: 1491 day(s) ago


Kiran
Above post written by Shiva Shankar Sir I only Copy Paste.
 

Posted: 1491 day(s) ago

Please check the detailed article mentioned in earlier comment.
 

Posted: 1490 day(s) ago


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