[MonsterPatrol]

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]

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]

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.

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

Find the news here

[ariesonu]

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]

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

[ajay99]

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]

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.

[khan12]

Import Condition for Pre 1950 lifted and Amended for All Cars deemed as Vintage Vehicles under the Central Motor Rules. Should see a Correction in market prices for all pre 1975 Cars now as they are freely Importable now.

Cheers.

[QuilonSpitfire]

Hi

Got a few questions and hope to get a good opinion from the well versed here.

1. If you are a returning NRI, what would be the duty for a LHD vintage?

2. Again, if you are a returning NRI can you bring home with you a 20 year old car (RHD)?

3. Are there any reputable/experienced car importing agents who can assist this process in India since the paper works looks dizzyingly complicated.

I would love to use this opportunity in the coming future.

Thank you

[ajay99]

Originally Posted by QuilonSpitfire

Hi

Got a few questions and hope to get a good opinion from the well versed here.

1. If you are a returning NRI, what would be the duty for a LHD vintage?

2. Again, if you are a returning NRI can you bring home with you a 20 year old car (RHD)?

3. Are there any reputable/experienced car importing agents who can assist this process in India since the paper works looks dizzyingly complicated.

I would love to use this opportunity in the coming future.

Thank you

1.Around 240 Percent on the landed cost

2.Yes you can bring but lot of paperwork and hassles

3.Please check with someone who has imported a car. I think there maybe some in the forum itself

[anjan_c2007]

Originally Posted by khan12

Should see a Correction in market prices for all pre 1975 Cars now as they are freely Importable now.
Cheers.

This opens the doors for imports of all post 1950 to 1975 cars. The beauty is that this DGFT OM shall apply on a continuous basis , allowing imports of 1976 cars in 2026, 1980 cars in 2030 and so on, as the 50 year window is clearly mentioned.

It is unlike the DGFT OM of 2013, which earmarked 1950 as the cutoff year for imports and stopped at that. That was a dead-end rather.

Usually as a result of relaxed import laws, exquisite brand models are entering through our shores as has been the observation. Collectors will import the Rolls Royce Silver Cloud, Silver Shadow, Phantom V, Rolls Royce Corniche, Bentley, Ford Mustang, other American 60's muscle cars, Mercedes Benz 600 Pullman, 170D, Ponton, Fintail,the W115 to mention a few. There are quite a few iconic British brands too that sold well during this phase.

[Comrade]

I can daydream of importing a Datsun Z or even a Toyota 2000GT if I make it big someday.

[Mad Max]

Meanwhile Indian car owners penalized for 15 year diesel cars..



While this is an exciting time for car collectors, I am sure the government will try some sly trick on pollution etc.. to hook them somewhere. :tinfoilhat: