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
NRI - OCI - PIO Guide & 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
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.
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