loan,banking and credit
*Loan,banking and credit>>>import tax

While importing a Car from a foreign country what will be the tax rate in india?



While importing a Car from a foreign country what will be the tax rate in india?

You can get up-to-date information from a customs broker. I don't know if they give it out over the phone or not. They might also be able to handle the transaction for you, but there will probably be a fee.

Customs brokers are very good at getting things into the country quickly. Customs agents aren't necessarily the most efficient workers. Your stuff can be held up for a long time, especially if there's improper paperwork or investigations.
From which country?
Your Question is silent as to whether you want to import a new car or a second hand car?
Import of second hand or used cars is not allowed in India until you are coming on transfer of residence.
The rate of customs duty is very high and it is not advisable to import as at the time of import you are required to pay not only customs duty but also CVD equal to excise duty and the duty can become as high as 100%.
Refer to www.allindiantaxes.com for all details about all the taxes in India
Tags
car tax child tax cigarette tax corporate tax estate tax import tax inheritance tax pay tax payroll tax property tax real estate tax
Related information
  • While importing a Car from a foreign country what will be the tax rate in india?
  • I am a small businees in the U.S. and I am importing services from India. How should I proceed regarding tax?
  • I want to import my car to bulgaria and driv it there.What caind the taxes i wlud havto pay. For shpping custo
  • If IHC on imported lots in India is prepaid at port of loading, is Service Tax liable to be paid by us??
  • I want to import vodka(40%,80proof) from Russia to the UK.How much would the taxes be?
  • I need 2 no if when importing new steel from indonesia wether the company charges me an export tax or not?
  • 4.To reduce imports of foreign oil, it has been proposed that the United States impose a substantial tax on g
  • Should tariff tax be put on imported fossil oil ?
  •    

    SiteMap--Copyright/IP Policy--Contact Webmaster
    For personal non-commercial use only.