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Originally Posted by King
Is the import duty the same on a new or used car? Maybe you can buy a "used" car to save on duty and taxes. Usually once a vehicle is registered, customs will classify it as pre-owned. Not sure about the laws there...
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the import duties for used cars are also the same, at 116%.
cars that attract some sort of import duty come in two flavours
a) CBU - completely built units
b) CKD - cars that are assembled in india from imported parts
The bmw x5, a CBU, from South carolina i presume, attracts a 116% duty, however, a locally assembled car like the mercedes S350L will only have about a 75/80% import duty, thus only costing about 176,000 usd. the same s350l fully imported would not be less than 220,000 usd
also the road conditions are so appaling in this country that the dealer said not to have anything larger than 19'' rims or ride comfort would diminish.
india still has a long way to go!