Bringing Your Audi to India: A Comprehensive Guide for Non-Resident Indians and Others
The decision to bring your Audi from the USA to India is a significant one, involving multiple considerations and procedures. Whether you are an individual NRI, or someone planning to move permanently to India, the process can be complex. This guide aims to simplify the journey, providing you with key information and steps to follow.
Introduction
Before embarking on the journey to bring your beloved Audi to India, it's crucial to understand the legal and practical requirements involved. Indian regulations regarding vehicle imports can be stringent, varying significantly between new and used cars, and different categories of importers.
Importing New Cars to India
For individuals looking to import a new car to India, the process involves several key steps:
Eligibility and Requirements
A new imported vehicle must meet the following criteria:
Not manufactured or assembled in India Not sold, leased, or loaned in any country prior to import Not registered for use in any country before importation into IndiaAdditionally, the new vehicle must:
Have a speedometer indicating speed in km/h Have right-hand steering and controls (for vehicles other than two and three wheelers) Conform to the provisions of the Motor Vehicles Act 1988 and the rules made thereunder Be imported from the country of manufactureThe vehicle should also have a valid certificate of compliance as per Rule 126 of the Central Motor Vehicle Rules 1989 issued by a specified testing agency.
Importing Used Cars to India
For individuals returning to India to permanently settle, the import regulations are slightly different. In addition to the above criteria, the following exemptions apply:
Eligible Import Categories
Categories that may be exempt from the general rules include:
Individuals with at least two years of continuous stay abroad, who have possessed the car for a minimum of one year Residents presented with a car as an award in international events Legal heirs and successors of deceased relatives residing abroad Physically handicapped individuals Branches and offices of foreign firms Charitable, missionary, and religious institutions registered under law Honorary consuls of foreign countries on the recommendations of the Ministry of External Affairs, Government of India Journalists/Correspondents of foreign news agencies holding accreditation certificates with the Press Information Bureau, Ministry of Information and Broadcasting, Government of IndiaThese categories are entitled to import only one vehicle, except for categories 5 and 6, which are permitted to import a maximum of three vehicles. Import restrictions also apply, with a resale ban for a period of two years from the date of registration.
Importing Cars by Non-Resident Indians (NRIs)
If you are an NRI considering bringing your car back to India, here are some key points to consider:
Customs Broker Services
Given the complexity of paperwork and the potential for delays, hiring a customs broker at the port of arrival is highly recommended. This can significantly expedite the process and reduce unnecessary hassles.
Potential Profit from Selling
While there is no guarantee, selling your car in India is feasible due to the high demand for foreign cars among the upper class. The status symbol value of a foreign car often makes it a desirable option.
Customs Duty Considerations
The total customs duty on cars is around 181%. However, cars with an engine capacity of less than 1600cc are exempt for new imports. Used cars from your possession for over a year are exempt from the capacity restriction. Customs duty on used cars is calculated based on the depreciated price, determined by the age of the vehicle.
Customs duties can be paid in foreign exchange or from NRE or FCNR accounts in India.
Conclusion
Bringing your Audi to India is a complex process, but with thorough research and planning, it is entirely possible. Whether you are an individual NRI or any of the eligible import categories, understanding the rules and procedures can make the transition smoother. Always ensure you have all the necessary documentation and permits before proceeding.