https://www.taxtmi.com/notifications?id=17670 Amendments permit sale of motor vehicles with engine capacity not exceeding 1500 CC to non privileged persons after three years from importation with Board and Ministry of External Affairs permission and payment of customs duty; allow sale to scrap agencies where insurers decline purchase; restrict disposal of special purpose vehicles to sale to another privileged person, re export, or surrender for scrapping with net scrap proceeds reimbursed after duty. Duty assessment is to be made with the nearest Commissioner of Customs, with depreciated valuation for non damaged vehicles and transaction value for accidented or totally damaged vehicles. en-us Tue, 08 Jun 1999 00:00:00 +0530 Mon, 27 Jul 2009 12:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=17670 Amendments permit sale of motor vehicles with engine capacity not exceeding 1500 CC to non privileged persons after three years from importation with Board and Ministry of External Affairs permission and payment of customs duty; allow sale to scrap agencies where insurers decline purchase; restrict disposal of special purpose vehicles to sale to another privileged person, re export, or surrender for scrapping with net scrap proceeds reimbursed after duty. Duty assessment is to be made with the nearest Commissioner of Customs, with depreciated valuation for non damaged vehicles and transaction value for accidented or totally damaged vehicles. Notifications Customs Tue, 08 Jun 1999 00:00:00 +0530 https://www.taxtmi.com/notifications?id=17670