TaxTMI 
TaxTMI 
Cars and Vehicles Import Policy
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....ditions : --- • the payment for the vehicle is made abroad and such payment does not involve, directly or indirectly, any remittances Of foreign exchange from India except in the case of category 'I' Importers; • the payment of the customs duty is made in foreign exchange, unless expressly exempted in the case of any particular category of importer in this Public Notice. • the conditions specified against each category of eligible importers in this Public Notice are fulfilled; and, . • in the case of those importers returning to India for permanent settlement, a declaration to that effect is given to the Customs at the time of the clearance of the car. • Indian nationals or foreign nationals of Indian origin coming to India for permanent settlement: • Import of one passenger car with engine size not exceeding four cylinders and not exceeding 1600 c.c. is permitted, whether the car is new or old. However, if engine size exceeds four cylinders or 1600 c.c., the car should have been in the use of the importer for more than a year prior to his return to India. • The importer ....
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.... vehicle. • Brnches/offices of foreign firms, companies and institutions (corporate or otherwise) established in India. • Branches/offices of foreign firms, companies and institutions (corporate or otherwise) established in India may import upto three vehicles. • Subsequent import of a vehicle may be made after the disposal of the previous vehicle in accordance with the condition mentioned para 3 below, provided there is a minimum period of five years between two successive imports of a vehicle. • Companies incorporated in India having either foreign equity participation or NRI equity participation in them backed up by RBI's approval amounting to not less than US$ 2,00,000 • The Indian company may import upto three vehicles. Import of used cars is also permitted by the Indian Company provided these were registered in the name of the foreign equity holding company/NRI equity holder abroad and in their possession prior to import. • The payment for the vehicle as well as the payment of the customs duty in foreign exchange are made by the foreign company/NRI holding equity in the Indian comp....
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....overnment Hospital, certifying that ttle importer has any of the following disabilities and the percentage of impairment is not less than 50% of the total body as per Mebride Scale: • Unilateral/bilateral amputees of the lower limbs excluding below knee unilateral amputees. • Unilateral below elbow or above elbow amputees. • Traumatic/permnent paralysis which cannot be surgically or medically treated. (IV) Permanent paralysis of one upper limb or both lower limbs due to any reason or hemiparesis. • Grossly deformed limbs due to trauma arthritis or congenital but having atleast one upper limb normal. • If the car is a gift, confirmatory letter from donor. in original, which should also indicate the donor's relationship with the donee. • Satisfactory evidence clearly justifying the need and essential1ty for import of a self-driven car by the applicant. • Import of only one car upto 1600 CC engine capacity will be a1iowed. • Car shall not be allowed to be sold or otherwise disposed of or possession parted with, or pledged, mortgaged or hypothecated, at any ti....
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.... be valid for a period of five years and it may not be, supported by a bank Guarantee. 5. Resident Indians may import passenger cars and automobile vehicle without a licence/CCP provided the vehicle has been presented to them as an award in any international event/match/com- petition, on the submission of the documentary evidence to the satisfaction of the Customs authorities provided no remittance of foreign exchange is involved. Customs duty as leviable may, however, be paid in Indian Rupees. 6. The legal heirs/successors may import passenger cars and automobile vehicles belonging to their deceased relatives in foreign c9untries without a licence/CCP on submission of documentary evidence to the satisfaction of the Customs authorities provided no remittance of foreign exchange is involved. Customs duty as leviable may, however, be paid in Indian Rupees. 7. If the Importers are employees of the Central Government, State Governments or Public sector undertakings posted in Indian Embassies/High Commissions abroad or in foreign offices of Public Sector Undertakings, they may make the payment of the Customs duty in Indian Rupees. In their case, the sale of the vehicle will not....