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

MonsterPatrol · 10th September 2017, 10:54

Has anyone tried importing a ford gpw through this scheme? Do I need IEC for this? What will be the duty and registration charges for this kind of vehicle?

krcustoms · 11th September 2017, 18:26

whats the point of opening up the channel of import if the import duty is sill 200% plus !
it makes no sense to import these vehicles to India.

can a US citizen import the vehicle even after several years?

KartikeyaL · 11th July 2018, 16:45

Posted this in the Beyond borders thread, but posting here as well, with the hope if this can somehow be forwarded to our Government too.

Quote:

Pakistan to charge import duty for pre-1968 cars at flat USD 5000.

Find the news here

ariesonu · 14th September 2018, 11:06

Not directly related to car IMPORTS but an interesting Mumbai High Court matter concerning FORD CARS in 1937
https://indiankanoon.org/doc/1998745/

EXCERPTS:
1. The appellants are the Ford Motor Company of India, Limited. They import Ford motor vehicles into India from Canada, and the questions raised by this appeal relate to the amount of customs duty payable upon 256 Ford motor cars consigned to the appellants which arrived in Bombay by the SS. Algic on, or about January, 1929.

4. The 256 Ford motor cars [Model A Vehicles] which arrived by the SS, Algic in January, 1929, were assessed to customs duty by the Collector of Customs upon the view that Clause (a) of Section 30 applied to the case, and that the price charged by the appellants to the distributors, excluding therefrom the allowance of Rs. 13-8-0, was such a wholesale cash price as is specified therein.

Regards-Sonu

QuilonSpitfire · 10th August 2019, 23:34

Does anybody know how much the import tax is on pre 1950s cars? I know it is 200% on new cars

ajay99 · 11th August 2019, 10:14

Quote:

Originally Posted by QuilonSpitfire

Does anybody know how much the import tax is on pre 1950s cars? I know it is 200% on new cars

As per my info it will also come to around 220 percent of the landed cost

Ravi Kapur · 13th August 2024, 11:05

Import duty works out to approx 256% on CIF (Cost + Insurance+ Freight) value , though Basic customs duty is 125% , then 10% cess and IGST 28% and additional duty another 20% but all put togeather works out to about 256% of assessed value as assessed by customs.

10th September 2017, 10:54	#196
MonsterPatrol BHPian Join Date: Apr 2012 Location: Mudumalai Posts: 199 Thanked: 198 Times	Re: Restrictions lifted on the import of Pre-1950 cars into India Has anyone tried importing a ford gpw through this scheme? Do I need IEC for this? What will be the duty and registration charges for this kind of vehicle?
	() Thanks

11th September 2017, 18:26	#197
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 whats the point of opening up the channel of import if the import duty is sill 200% plus ! it makes no sense to import these vehicles to India. can a US citizen import the vehicle even after several years?
	() Thanks

14th September 2018, 11:06	#199
ariesonu Senior - BHPian Join Date: Mar 2010 Location: Bombay Posts: 1,343 Thanked: 2,430 Times View My Garage	Re: Restrictions lifted on the import of Pre-1950 cars into India Not directly related to car IMPORTS but an interesting Mumbai High Court matter concerning FORD CARS in 1937 https://indiankanoon.org/doc/1998745/ EXCERPTS: 1. The appellants are the Ford Motor Company of India, Limited. They import Ford motor vehicles into India from Canada, and the questions raised by this appeal relate to the amount of customs duty payable upon 256 Ford motor cars consigned to the appellants which arrived in Bombay by the SS. Algic on, or about January, 1929. 4. The 256 Ford motor cars [Model A Vehicles] which arrived by the SS, Algic in January, 1929, were assessed to customs duty by the Collector of Customs upon the view that Clause (a) of Section 30 applied to the case, and that the price charged by the appellants to the distributors, excluding therefrom the allowance of Rs. 13-8-0, was such a wholesale cash price as is specified therein. Regards-Sonu
	(2) Thanks

10th August 2019, 23:34	#200
QuilonSpitfire BHPian Join Date: Apr 2017 Location: London & Kollam Posts: 80 Thanked: 95 Times View My Garage	Re: Restrictions lifted on the import of Pre-1950 cars into India Does anybody know how much the import tax is on pre 1950s cars? I know it is 200% on new cars
	() Thanks

13th August 2024, 11:05	#202
Ravi Kapur BHPian Join Date: Apr 2010 Location: Jaipur Posts: 35 Thanked: 122 Times	Re: Restrictions lifted on the import of Pre-1950 cars into India Import duty works out to approx 256% on CIF (Cost + Insurance+ Freight) value , though Basic customs duty is 125% , then 10% cess and IGST 28% and additional duty another 20% but all put togeather works out to about 256% of assessed value as assessed by customs.
	(2) Thanks