Restrictions lifted on the import of Pre-1950 cars into India

Rosso Corsa · 25th August 2016, 17:00

What's with the post-1950 imports these days?

First a '63 Lincoln Continental

Restrictions lifted on the import of Pre-1950 cars into India-1472123846301.jpg

And now a '71 Jaguar E-Type!

Restrictions lifted on the import of Pre-1950 cars into India-1472123832979.jpg

Here's a photo of the E-Type

Restrictions lifted on the import of Pre-1950 cars into India-1472124607942.jpg

Credit - Harsh Palkar

anjan_c2007 · 25th August 2016, 22:55

Quote:

Originally Posted by Rosso Corsa

What's with the post-1950 imports these days?

Credit - Harsh Palkar

Could be a transfer of residence case, following the appropriate import rules.

http://www.team-bhp.com/forum/indian...residence.html

Rosso Corsa · 25th August 2016, 23:03

Quote:

Originally Posted by anjan_c2007

Could be a transfer of residence case, following the appropriate import rules.

http://www.team-bhp.com/forum/indian...residence.html

To the best of my knowledge, LHD cars are not allowed on TR.

Tweety says the E-Type belongs to the head of a prominent business house with automotive interests. Car makers have certain concessions when it comes to imports for RnD, so I assume the car came via that route.

kasli · 26th August 2016, 17:56

The Lincoln and the E Type have been imported by the Tata's. As the E Type is RHD its has been allowed . While I was told the Lincoln has been gifted across to them . Sorry more details I do not have

Cheers

Quote:

Originally Posted by Rosso Corsa

To the best of my knowledge, LHD cars are not allowed on TR.

Tweety says the E-Type belongs to the head of a prominent business house with automotive interests. Car makers have certain concessions when it comes to imports for RnD, so I assume the car came via that route.

KartikeyaL · 10th September 2016, 11:52

More Bentley's and Cadillac's came in the last week

KartikeyaL · 16th November 2016, 12:39

Another Bugatti landed in the country last week

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Stanher · 16th November 2016, 15:02

Quote:

Originally Posted by KartikeyaL

More Bentley's and Cadillac's came in the last week

Out of curiosity- do these 'values' include the total value on landing, inc. Customs assessment, or just the cost of purchase of the car in INR?

KartikeyaL · 16th November 2016, 15:06

Quote:

Originally Posted by Stanher

Out of curiosity- do these 'values' include the total value on landing, inc. Customs assessment, or just the cost of purchase of the car in INR?

This is the value of the customs assessment of the cost of car plus all costs upon landing , on which the customs duties would be levied !

VR/46_Chet · 17th November 2016, 12:37

Here's another addition to the list. Although it says 'Incomplete car - without body parts, seats, windscreen.'

Edit: Mods please delete this post. I was on a different page and thought it was the last post on this thread. Apologies.

manishalive · 17th November 2016, 16:08

Quote:

Originally Posted by Stanher

Out of curiosity- do these 'values' include the total value on landing, inc. Customs assessment, or just the cost of purchase of the car in INR?

These prices are CIF Prices (Cost, Insurance & Freight). The custom duty is calculated based on that. So if the shipping of a part / stuff is high (in case when we order items in single qty air shipment). We end up paying duty on shipping as well.

KartikeyaL · 10th January 2017, 14:59

These were also imported in November 2016

krcustoms · 10th January 2017, 15:54

Does this mean if I find say a 1949 Chevy pick truck in the USA I can import it without any hassle? Or a old defender from UK?

Also does a US citizen living in India have any advantage for this exercise? Just curious.

ride2026.com · 25th July 2017, 22:51

Quote:

Originally Posted by krcustoms

Does this mean if I find say a 1949 Chevy pick truck in the USA I can import it without any hassle? Or a old defender from UK?

Also does a US citizen living in India have any advantage for this exercise? Just curious.

Yes it does mean that you can import it without hassle, but you do have to pay 28% import duty on the C & F price (cost plus freight value) You would also have to show an official wire transfer of the funds from an Indian bank.

A US citizen can import a vehicle for personal use under TR or under ATA Carnet but I don't think it applies in the case of the Vintage vehicles as I am sure you will not be able to register the Vintage vehicles in India and that they will run under a Novelty/Show/Collection/Heritage number plate and in those particular events.

manishalive · 26th July 2017, 07:16

Quote:

Originally Posted by ride2026.com

Yes it does mean that you can import it without hassle, but you do have to pay 28% import duty on the C & F price (cost plus freight value) You would also have to show an official wire transfer of the funds from an Indian bank.

Is the duty really 28%. I was under assumption it's 200%. Can you reconfirm what you said and have you imported any vintage cars.

67Bug · 28th July 2017, 22:28

Quote:

Originally Posted by ride2026.com

Yes it does mean that you can import it without hassle, but you do have to pay 28% import duty on the C & F price (cost plus freight value) You would also have to show an official wire transfer of the funds from an Indian bank.

A US citizen can import a vehicle for personal use under TR or under ATA Carnet but I don't think it applies in the case of the Vintage vehicles as I am sure you will not be able to register the Vintage vehicles in India and that they will run under a Novelty/Show/Collection/Heritage number plate and in those particular events.

Sorry your information is incorrect. Duty is well in excess of 200%...218% on CIF to be more precise and there is no status given to a US citizen residing in India.

One can very much register the vehicle under Indian Motor Vehicle Act.

Hope this helps.

25th August 2016, 17:00	#181
Rosso Corsa BHPian Join Date: Mar 2011 Location: BOM - ATL Posts: 553 Thanked: 563 Times	What's with the post-1950 imports these days? First a '63 Lincoln Continental And now a '71 Jaguar E-Type! Here's a photo of the E-Type Credit - Harsh Palkar
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10th September 2016, 11:52	#185
KartikeyaL Distinguished - BHPian Join Date: Mar 2011 Location: Jaipur Posts: 3,523 Thanked: 15,764 Times View My Garage	Re: Restrictions lifted on the import of Pre-1950 cars into India More Bentley's and Cadillac's came in the last week Attached Images
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16th November 2016, 12:39	#186
KartikeyaL Distinguished - BHPian Join Date: Mar 2011 Location: Jaipur Posts: 3,523 Thanked: 15,764 Times View My Garage	Re: Restrictions lifted on the import of Pre-1950 cars into India Another Bugatti landed in the country last week
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17th November 2016, 12:37	#189
VR/46_Chet BHPian Join Date: Apr 2010 Location: MH04 MH31 MH12 Posts: 321 Thanked: 347 Times	Re: Restrictions lifted on the import of Pre-1950 cars into India Here's another addition to the list. Although it says 'Incomplete car - without body parts, seats, windscreen.' Edit: Mods please delete this post. I was on a different page and thought it was the last post on this thread. Apologies. Attached Thumbnails Last edited by VR/46_Chet : 17th November 2016 at 12:40. Reason: Already posted by BHpian KartikeyaL.
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10th January 2017, 14:59	#191
KartikeyaL Distinguished - BHPian Join Date: Mar 2011 Location: Jaipur Posts: 3,523 Thanked: 15,764 Times View My Garage	Re: Restrictions lifted on the import of Pre-1950 cars into India These were also imported in November 2016 Attached Images
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10th January 2017, 15:54	#192
krcustoms BHPian Join Date: Dec 2013 Location: Chennai Posts: 122 Thanked: 118 Times	Re: Restrictions lifted on the import of Pre-1950 cars into India Does this mean if I find say a 1949 Chevy pick truck in the USA I can import it without any hassle? Or a old defender from UK? Also does a US citizen living in India have any advantage for this exercise? Just curious.
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