Registration of Imported vehicles.

Whenever an imported vehicle is produced for Registration, the formalities to be observed are as follows:-

As usual with all the forms as we require for a new registration, a customs clearance certificate should be enclosed.

The customs clearance certificate should specifically state whether it is a CBU or scrap. CBU means completely built unit. If it is scrap there is no provision to register the same.

Some importers to evade customs duty bring the vehicle in parts. We should be careful in verifying the documents.

We should ascertain from the customs department whether the receipt produced is genuine and whether the duty paid is correct.As the tax has to be calculated based on the value of the vehicle, we should check the veracity of the customs clearance certificate.

With reference to the approval about the vehicle, Central Government have clarified,that we have to refer the DGFT i.e. director general of foreign trade. If the vehicle is already approved in other countries, we can take it as homologation. Homologagion means official approval

We should check with the website of the company and take a print out about the specification of the model produced.

As far as tax is concerned as per G O Ms 301 Home (Tr.I)Dept dated 19.2.2004 it is specified as follows:" In the case of vehicle imported from outside India, the cost of vehicle means the total price as evidenced from the bill of entry for Home consumption"
Refer Rule 47 (h)of Central motor vehicles Rules 1989
Notification No GSR 83(E) dated 5.2.2003