45. Take used car to India Question: Dear Sir, I want to settle in India. I have a Ford Car 2006 model 2.0 L with me. I was using this for the past 3 years. What will be the customs charges for the car to take to India. Kindly clarify Thanking you, S.Muthukumar Answer: The rate of duty works out to around 181% on cars. You should be able to claim depreciation on the used car to determine value. Unless things have changed the depreciation allowed is For every quarter during 1st year 4%. For every quarter during 2nd year 3%  and for every quarter during 3rd year 2.5% More information on taking cars to India is provided on this website at http://nriinformation.com/cars_india.htm
NriInformation Questions &Answers 
Read Disclaimer at bottom of page
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
BANKING
NRI - INFO
FAQ
INDIAN VISA
MEDICAL
OCI-PIO-PAN
PROPERTY
IMMIGRATION
HOW TO  GUIDE
Custom Search
Search Nri Information
N
RI Information
Informing  educating and connecting Indians across the globe . . . by Virendar Chand
Custom Search
Search Nri Information
  45. Take used car to India Question: Dear Sir, I want to settle in India. I have a Ford Car 2006 model 2.0 L with me. I was using this for the past 3 years. What will be the customs charges for the car to take to India. Kindly clarify Thanking you, S.Muthukumar Answer: The rate of duty works out to around 181% on cars. You should be able to claim depreciation on the used car to determine value. Unless things have changed the depreciation allowed is For every quarter during 1st year 4%. For every quarter during 2nd year 3%  and for every quarter during 3rd year 2.5% More information on taking cars to India is provided on this website at http://nriinformation.com/cars_india.htm
N
RI Information
Informing  educating and connecting Indians across the globe by Virendar Chand
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail. © Copyright 2006 Nriinformation.com
NriInformation Questions &Answers 
Read Disclaimer at bottom of page