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Post by account_disabled on Dec 28, 2017 13:44:40 GMT
Hi, After doing some extensive searching, I was unable to find the answers to some of these questions so I'm not intentionally reposting. As some of you may know, the rules on importing a car on TR changes frequently so I'm looking for current information, if available. Since I will be moving back to India, I am looking at bringing back one of my cars on the transfer of residence quota. The car has been in my name for over a year, and its in the RHD configuration with the speedo in Kmph so all good on that front. Most importantly: Many are telling me that the TR quota is now CLOSED as it was being abused? Is this true? Many LEGIT / ELLIGIBLE TR cases have been STUCK in customs for MONTHS and its becoming a nightmare for those people to clear their cars. Is the import duty still 160% for a used car. What is the depreciation allowed? I was told 12%,10%,8%, 8%... and so on for every year the car ages? Please help. Thanks! I didn't find the right answers from the Internet. References: www.team-bhp.com/forum/super-cars-imports-india/67306-importing-used-car-transfer-residence.htmlproduct how to video
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