Importing A Used Car

kphilip · 20th January 2005, 11:08

Hi all, I have a query about importing a used car..One of my friend in sydney is using a lancer , He wants to import it to india..can anyone tell how much will it cost to import it here..He's mainly concerned about the tax..I've heard like it's 120% tax for importing a new car or bike.. What about used car.?? Anyone has any idea about it???

vinsanity · 20th January 2005, 11:14

Hey Dude!!
Try this link.. May be of some use..

IndianCustoms

Rtech · 20th January 2005, 11:17

Just a thought...why would he want to import a Lancer (assuming its a normal lancer and not an Evo)?

kphilip · 20th January 2005, 11:27

He's comin back to india, he dont want to leave his car i guess...Lancer is very cheap there, thats another reason...

Rtech · 20th January 2005, 12:19

Ture, it may be cheap there, but factor in the duties he would have to pay, plus shipping charges and other headaches that go along with the paperwork, it just does not make sense! All this trouble for a stock 1.6 or 1.8 lancer? The final cost would work out more than if he were to buy a new one here!

You should tell him to reconsider, or import an Evo, which would be worth the trouble!

kphilip · 20th January 2005, 12:32

ya thats true,Rtech which is the latest version of Evo in the market now??

lamborghini · 20th January 2005, 12:32

even i was wondering the same thing
like what is the duty if someone wants to import their cool jag or something???

kphilip · 20th January 2005, 12:37

no idea dude.. IS there any sites about the import duties and stuffs like that for cars and bikes??

vinsanity · 20th January 2005, 13:48

Duh,
I had posted a link(Go up)... Its regarding duties and stuff like that!!
Guess it'l giv u some idea about u'r doubts!!

canonball · 14th October 2008, 15:47

Hey Folks...Can an Indian citizen import a used car if he recieves it as a gift from a foriegn national or it is willed to them as an inheritance? If so what are the duties for this? Cannot find anything on this in Indian Cutoms website. thx

the VTEC guy · 14th October 2008, 17:23

In addition to above question, can one import a used car that you may be using during your stay abroad? how is customs duty calculated (on original cost or depreciated value)? paperwork required?

spawnofsatan · 14th October 2008, 23:42

Quote:

Originally Posted by the VTEC guy

In addition to above question, can one import a used car that you may be using during your stay abroad? how is customs duty calculated (on original cost or depreciated value)? paperwork required?

There is enough info available on your question if you search on the forum, several threads have been started on this topic.

xtremeshock · 15th October 2008, 00:24

Quote:

Originally Posted by canonball

Hey Folks...Can an Indian citizen import a used car if he recieves it as a gift from a foriegn national or it is willed to them as an inheritance? If so what are the duties for this? Cannot find anything on this in Indian Cutoms website. thx

I have the same question, if any one would be kind enough to answer.

@canonball: if you find out anything about this through other sources would you please post them on this thread.

spawnofsatan · 15th October 2008, 02:22

Don't take my word for this but AFAIK even if it is a gift the same percentage of duty and depreciation applies for importing the car. It also MUST be RHD and the speedometer must be in kmph and not mph.

the VTEC guy · 15th October 2008, 11:08

Quote:

Originally Posted by spawnofsatan

Don't take my word for this but AFAIK even if it is a gift the same percentage of duty and depreciation applies for importing the car. It also MUST be RHD and the speedometer must be in kmph and not mph.

so basically we cannot import from US

20th January 2005, 11:08	#1
kphilip BHPian Join Date: Oct 2004 Location: Cochin Posts: 333 Thanked: 6 Times	Importing A Used Car Hi all, I have a query about importing a used car..One of my friend in sydney is using a lancer , He wants to import it to india..can anyone tell how much will it cost to import it here..He's mainly concerned about the tax..I've heard like it's 120% tax for importing a new car or bike.. What about used car.?? Anyone has any idea about it???
	() Thanks

20th January 2005, 11:14	#2
vinsanity BHPian Join Date: Nov 2004 Location: Patna Posts: 609 Thanked: 2 Times	Hey Dude!! Try this link.. May be of some use.. IndianCustoms Last edited by vinsanity : 20th January 2005 at 11:15.
	() Thanks

20th January 2005, 11:17	#3
Rtech Team-BHP Support Join Date: Apr 2004 Location: Bombay Posts: 5,770 Thanked: 359 Times View My Garage	Just a thought...why would he want to import a Lancer (assuming its a normal lancer and not an Evo)?
	() Thanks

20th January 2005, 11:27	#4
kphilip BHPian Join Date: Oct 2004 Location: Cochin Posts: 333 Thanked: 6 Times	He's comin back to india, he dont want to leave his car i guess...Lancer is very cheap there, thats another reason...
	() Thanks

20th January 2005, 12:19	#5
Rtech Team-BHP Support Join Date: Apr 2004 Location: Bombay Posts: 5,770 Thanked: 359 Times View My Garage	Ture, it may be cheap there, but factor in the duties he would have to pay, plus shipping charges and other headaches that go along with the paperwork, it just does not make sense! All this trouble for a stock 1.6 or 1.8 lancer? The final cost would work out more than if he were to buy a new one here! You should tell him to reconsider, or import an Evo, which would be worth the trouble!
	() Thanks

20th January 2005, 12:32	#6
kphilip BHPian Join Date: Oct 2004 Location: Cochin Posts: 333 Thanked: 6 Times	ya thats true,Rtech which is the latest version of Evo in the market now??
	() Thanks

20th January 2005, 12:32	#7
lamborghini Distinguished - BHPian Join Date: Apr 2004 Location: Mumbai Posts: 6,114 Thanked: 5,763 Times View My Garage	even i was wondering the same thing like what is the duty if someone wants to import their cool jag or something???
	() Thanks

20th January 2005, 12:37	#8
kphilip BHPian Join Date: Oct 2004 Location: Cochin Posts: 333 Thanked: 6 Times	no idea dude.. IS there any sites about the import duties and stuffs like that for cars and bikes??
	() Thanks

20th January 2005, 13:48	#9
vinsanity BHPian Join Date: Nov 2004 Location: Patna Posts: 609 Thanked: 2 Times	Duh, I had posted a link(Go up)... Its regarding duties and stuff like that!! Guess it'l giv u some idea about u'r doubts!! Last edited by vinsanity : 20th January 2005 at 13:54.
	() Thanks

14th October 2008, 15:47	#10
canonball Senior - BHPian Join Date: Dec 2006 Location: Mumbai Posts: 1,466 Thanked: 205 Times View My Garage	Importing a used car received as a gift Hey Folks...Can an Indian citizen import a used car if he recieves it as a gift from a foriegn national or it is willed to them as an inheritance? If so what are the duties for this? Cannot find anything on this in Indian Cutoms website. thx Last edited by canonball : 14th October 2008 at 15:56.
	() Thanks

14th October 2008, 17:23	#11
the VTEC guy BHPian Join Date: Oct 2008 Location: Pune Posts: 564 Thanked: 140 Times View My Garage	In addition to above question, can one import a used car that you may be using during your stay abroad? how is customs duty calculated (on original cost or depreciated value)? paperwork required?
	() Thanks

15th October 2008, 02:22	#14
spawnofsatan BHPian Join Date: Oct 2004 Location: Los angeles/Mumbai Posts: 708 Thanked: 93 Times View My Garage	Don't take my word for this but AFAIK even if it is a gift the same percentage of duty and depreciation applies for importing the car. It also MUST be RHD and the speedometer must be in kmph and not mph.
	() Thanks