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
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  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
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RI Information
Informing  educating and connecting Indians across the globe by Virendar Chand
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