Monday, February 11, 2008

Custom duties for Imported vehicles

Import vehicles duty and license structure:

Import of passenger cars / Jeep / Multi-utility vehicles / motorcycles / scooters / mopeds etc. are restricted items of import and can be imported against an import license. However, individuals coming to India on Transfer of Residence after two years continuous stay abroad and other importers may import these vehicles without a license but on payment of customs duty. The various customs duties leviable on vehicles imported into India are as follows:

Customs duty for second hand vehicles


Vehicle

Basic Duty

Addl. Duty

Spl. Addl. Duty

Total Duty


Cars

105%

32%

4%

More than 150%


Motor cycles/scooters/ moped

105%

16%

4%

More than 125%


Customs duty for new vehicles

Vehicle

Basic Duty

Addl. Duty

Spl. Addl. Duty

Total Duty

Cars

60%

32%

4%

More than 110%

Motor cycles/scooters/ moped

60%

16%

4%

More than 85%

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