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Old 22nd May 2007, 04:09   #16
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Please do not underestimate the authorities. They are smarter than we think. They know cars in and out, to the extent that skylines come with twin turbo's and Blitz intercoolers are aftermarket.

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Thats where my R34 Vspec got caught.. customs did not allow it

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Old 22nd May 2007, 11:09   #17
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So if it was AUD $48000 when new in 1992 and worth AUD $25000 now. how much would i end up spending over and above in simple numbers...hope someones got a calculator...

Is there any website that anyone would recommend??

(aud - inr : $1 - Rs35)
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Old 22nd May 2007, 11:11   #18
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Thats where my R34 Vspec got caught.. customs did not allow it

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Got caught?? what was the result??
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Old 22nd May 2007, 12:49   #19
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Is there any website that anyone would recommend??

(aud - inr : $1 - Rs35)
Click here...

Cheers..
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Old 22nd May 2007, 13:02   #20
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Click here...

Cheers..
Thanks boss...but i wanted an import / export calculator like the have in Japan and Australia.

Not a currency converter. Thanks anyways!!
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Old 22nd May 2007, 13:20   #21
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Not a currency converter.
Oops...My Mistake Dude..
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Old 22nd May 2007, 20:30   #22
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to the extent that skylines come with twin turbo's and Blitz intercoolers are aftermarket.
Didn't the Skyline come TT anyway?
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Old 22nd May 2007, 22:00   #23
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Only GTR's came with the twin turbo...RB26 DETT (TT standing for twin turbo)

GTS variants came with RB25's could be DE or DET (NA or single blowers respectively)

A lot of high end tuners convert RB26DETT's to DET's (mostly using a T51 or higher, i have seen a few with a single T88 as well)
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Old 22nd May 2007, 22:08   #24
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Probably be a good idea to take off some of the emblems then, esp the ones that say GTR!! But the engine plates have RB26 written all over !!

I am not considering bring it back in pieces though. they are old cars as it is and i dont want the hassels of putting them together and having little bits and pieces breaking off or getting damaged.

Burning off the paint i can handle.
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Old 22nd May 2007, 22:19   #25
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Got caught?? what was the result??

Well i sent it back to US.. Its currently standing at my residence in Atlanta.

Here is the pic.



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Old 22nd May 2007, 22:25   #26
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Well i sent it back to US.. Its currently standing at my residence in Atlanta.

Here is the pic.



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I lost for words mate!!

Must be worth the $2000 to fly to Atlanta once in a while eh??

P.S. i had this image in my collection of GTR pictures!!
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Old 22nd May 2007, 22:27   #27
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I

P.S. i had this image in my collection of GTR pictures!!

Its the same one that i bought.. This car was featured in many magazines as well. This was the snap i got before i bought it. Yep.. i will be flying to Atlanta in a couple of months.. cant wait to drive her.


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Old 3rd May 2009, 10:50   #28
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*Bump* so what happened? Is Transfer of Residence still a possibility? I have gone through the other threads. Has someone in recent times have had experience getting a car to india succesfully?
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Old 15th September 2014, 11:45   #29
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Default Importing a car/bike under Transfer of Residence : Advice needed

So its been more than 2 years living in Finland and now I'm pondering about a vehicle that I wish to import into India when I get back under Transfer of Residence.
I understand 1 of the basic rules says that the applicant must've lived abroad for more than 2 yrs and another rule says that the vehicle should be in my ownership for atleast 1 yr. I fall into the 1st basic criteria basket and hence the thought.

getting into more specifics:

CAR - I see a few JDM RHD cars (Subaru WRX's, Evos's, Skylines, Supras etc) around and a few others that have come down from UK. So, driving a RHD in Finland is not an issue. Per plan, I intend to import a RHD LR Discovery 3 from UK and use it as a daily driver here in Finland and then when I decide to pack my bags yr or 2 later, drive it down to Bangalore.

questions :

1. What are the restrictions in vehicle age?car of any year ok to import? for eg 2005 - 2007?

2. Is there is a top limitation on miles the car has on it at the time of import?

3. emissions?

4. tax? insurance?

5. Fitness?

6. what is the tax applicable on the car when I get it to India?

7. How is the valuation made?

I have not yet explored the available choices in UK and based on the response above, will choose the right vehicle.

If getting a car gets too cumbersome, I will jump to plan B - importing a Bike.

I have been looking around for Honda Goldwings for a while already. Bikes are usually very well kept in Finland..partly because the riding time is only the 3 month long summer.

here again, the same questions as above apply -

1. What are the restrictions in vehicle age? Bike of any year ok to import? for eg 2005 - 2007?

2. Is there is a top limitation on miles the bike has on it at the time of import?

3. emissions?

4. tax? insurance?

5. Fitness?

6. what is the tax applicable on the car when I get it to India?

7. How is the valuation made?

I seek your advice for better planning. Looking forward for your responses.

Thanks in advance.

note : @mods, please move this thread to the relevant section if this is not the right place.
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Old 15th September 2014, 15:54   #30
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Default Re: Importing a car/bike under Transfer of Residence : Advice needed

Quote:
Originally Posted by 14000rpm View Post
questions :
Here's a summary I'd prepared a couple of years back (includes information on Transfer of residence) from various sources (was considering importing a car myself). However, this was a work-in-progress and I can't guarantee that the information is up to date (though the fundamentals should be the same). Pasting below:

The basics:

• The car has to be a right-hand-drive. Left-hand drive automobiles are prohibited from entering the country (except for consulates and some other special categories).
• The Indian Government has entirely banned individuals importing cars whose engine capacity ranges from 1000 - 2500 cc.
• New Cars can be imported via the customs port at Mumbai, Calcutta and Chennai.
• Used cars can be imported from the Mumbai port only. Also, the used car cannot be older than three years (from the date of manufacture). The Exim policy of 2001 lifted quantitative restrictions on importing used cars.

On customs duty:

• The ex-factory price is used for calculating customs duty.
• The customs duty is a standard 102.16% on new cars
• The customs duty is pegged at 159.87% on used cars.
• To view the depreciation table of used cars, click here : Linky.
• Completed knocked down cars attract a customs duty of anywhere between 38 to 48%.
• Under the EPCG scheme, hotels / hospitality establishments are subject to minimal duty / taxes. However, they are subject to certain foreign exchange requirements.
• If you import from Europe, you will get a refund of the VAT (value added tax).

On transfer of residence:

• The most popular way of importing a car to India is via the “Transfer of residence” clause, where any Indian (settled abroad) who is relocating to India can get his car along. He should have owned the car for atleast 12 months in the foreign country. Upon import, the car cannot be sold for 2 years (from the date of import).
• The NRI importing the car should have lived overseas for atleast a 2 year duration.
• The payment for the car should have been made abroad.
• The car must be imported within 6 months of the NRIs arrival into India.
• Under this scheme, the customs duty must be paid in foreign exchange. If a handicapped person is importing the car, then the customs duty may be paid in Indian rupees. Official permission is required before selling the car in India.

On who can import

• Any individual can import a car whose value is more than USD 40000. There are no restrictions on the imports of these cars. So as most of the exotics are above that value, they can be imported freely and not necessarily on T.R.
• Foreign nationals (including persons of Indian origin) married to Indian nationals. The methodology adopted by Customs authorities in assessing duty on a motor vehicle is based on the ex-factory price on the date of original purchase. Adjustments are made for:

1) Foreign nationals working in India.
2) Branch/Offices of foreign firms, Companies and institutions established in India.
3) Companies incorporated in India having foreign/NRI equity
4) Accredited Journalists/Correspondents of foreign news agencies.
5) Indian firms executing contracts abroad.
6) Charitable and Missionary Institutions.
7) Physically handicapped persons.
8) Honorary Consuls of Foreign Governments.

On paperwork and documentation required:

• Cars costing more than $40,000 do NOT have to undergo homologation from the ARAI. If the cars value is less than $40,000, the vehicle has to be submitted for testing to the VRDE (Vehicle Research and Development Establishment), Ahmednagar, of the Ministry of Defence or the ARAI (Automotive Research Association of India), Pune or the Central Farm and Machinery Training and Testing Institute, Madhya Pradesh or any other notified testing agency by the Government.
• The importing agency is expected, at the time of importation, to submit a certificate issued by a testing agency (notified by the Central Government) that the second hand vehicle being imported has been tested immediately before shipment and that the vehicle conforms to all the regulations specified in the Motor Vehicles Act, 1988.
• The second hand or used vehicle 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.

Miscellany:

• What’s listed above is what the rules say. Please don’t state that you saw a LHD (or something similar) since these rules are broken consistently. Bribing is rampant and some of the rules you read above may have been bypassed (unfortunately).
• Beware of dealer rackets. There have been several well-documented cases of an imported car dealer manipulating the import documentation. In case the long arms of law catch up, it is the owner (and not the dealer) who is liable to pay duties, taxes and fines.
• The rebadging racket is rampant in order to qualify for lower custom duties. For e.g. a BMW M5 may be rebadged to a BMW 525 and thus show a lower invoice price.
• It’s best to hire the services of a competent and reputable clearing agent who is well familiar with the process of importing a car. This can save you a lot of running around and headaches.
• Since the customs duty on spare parts or completely knocked down kits is significantly lower, it is not uncommon for an importer to strip a car (of seats, headlights, tyres etc) and document it as a CKD.

Official websites:

http://www.dgftmumbai.nic.in/
http://www.mumbaicustoms.gov.in/
http://www.indian-embassy.dk/Pages/i...20of%20car.htm
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