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Consignees (Non Resident Indians/foreign nationals
on employment) coming to India on Transfer of Residence for permanent
settlement can import one vehicle. The vehicle can be new or used.
The vehicle should be imported into India within six months of the
arrival of the consignee. In lieu of one motor car, one motor cycle
can also be imported.
As per the new policy, only Right Hand Drive (RHD)
cars can be imported. In case a Left Hand Drive (LHD) car is imported,
the same is liable to be confiscated or in rare cases, re-export
may be allowed.
The above import also carries a condition of "NO
SALE" of two years which shall be endorsed by the Customs Authorities
on the passport/registration documents at the time of import and
by The Regional Transport Authorities when such vehicles are presenter
for registration in India.
The new policy also allows customs duty to be
paid in Indian Rupees instead of convertible foreign exchange. However,
the payment for the vehicle is to be made abroad and such payment
should not involve, directly or indirectly, any remittance of foreign
exchange from India.
Policy for passenger cars / jeeps / multi utility
vehicles etc.
Public Notice No. 03 dated 31.03.2000
| (3) |
(I) |
The conditions
mentioned for import of new & used Motor vehicles (at sl.
Nos. 1 & 2 mentioned earlier) shall not be applicable on
import of passenger cars/jeeps/multi-utility vehicles etc. on
payment of full customs duty by the following categories of
importers :
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a. |
Individuals coming to India
for permanent settlement after two years' continuous stay
abroad provided the car has been in possession of the
individual for a period of minimum one year abroad. |
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b. |
Resident Indians presented
with a car as an award in any international event / match
/ competition. |
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c. |
Legal heirs/successors
of deceased relatives residing abroad; |
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d. |
Physically handicapped
persons; |
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e. |
Companies incorporated
in India having foreign equity participation; |
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f. |
Branches/offices of foreign
firms; |
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g. |
Charitable/Missionary/Religious
institutions registered as per the law relating to the
registration of the societies or trusts or otherwise approved
by the Central or State Government, subject to the condition
that the importer is an established institution and is
functioning for the common benefit of the community, and
subject further to production of necessary clearance under
the Foreign Contribution (Regulation) Act, 1976. |
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h. |
Honorary Consuls of foreign
countries on the recommendations of the Ministry of External
Affairs, Government of India. |
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i. |
Journalists/Correspondents
of foreign news agencies having accredition certificate
with the Press Information Bureau, Ministry of Information
and Broadcasting, Govt. of India. |
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(II) |
All the above categories shall be entitled to import only
one vehicle except categories (e) and (f), which shall
be entitled to import maximum of three vehicles. Persons
in category (d) shall be entitled to import specially
designed
vehicles suitable for use by handicapped. All such imports
shall carry a "NO SALE" condition of two years
which shall be endorsed by the Customs Authorities on
the passport / registration documents at the time of import
and by
the Regional Transport Authorities when such vehicles
are presented for registration in India.
The DGFT may, however, permit relaxation of these conditions
or imports by any other category not listed in this
Public Notice in special circumstances
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(III) |
All bonds / bank guarantees executed by importers of cars
/ two wheelers etc. prior to 31.03.97, where the vehicle
has not been transferred, shall be deemed to have been
discharged with the issue of this Public Notice No. 3(RE-2000)/97-02. |
| (4) |
Import
of vehicles by Foreign Diplomats and Other Privileged
Persons in this category, who are exempt from payment
of customs duty, shall be exempt from the conditions specified
at Sl. No. 1 & 2 above. However, such imported vehicles
cannot be sold in India except to another diplomat or
privileged person and are compulsorily required to be
re-exported. |
| (5) |
The
import of vehicles viz., Digital Satellite News Vans (DSNG
Van) / Outdoor Broadcasting Vans (OB Van), as classified
in this Chapter, fitted with equipments for telecasting
shall be exempted from the conditions specified at Sl.
No. 1 & 2 above. However. these imports shall be subject
to the condition that the vehicle should have right hand
steering and controls (applicable on vehicles other than
two and three wheelers). |
| (6) |
Import
of new vehicles having an FOB value of US $ 40,000 or
more by : |
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a. |
individuals,
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b. |
companies
and firms under the EPCG Scheme will be exempt from the
conditions at Sl. No. (2)(II)(c) above. However, at the
time of Customs clearance, a Type Approval Certificate
/ COP of an international accredited agency from the country
of origin, including a notarized English translation thereof,
shall be furnished. This Type Approval shall stipulate
that the vehicle to be imported complies with all the
ECE Regulations for the complete vehicle.
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At Alliance Logistics we
specialise in providing comprehensive relocation services apart
from being professional packers and movers and freight forwarders.
We also excel in pet moving and provide free information on
customs and baggage rules.
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