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GK MCQs Section
Q. What is the import tax rate for foreign used cars in India?
Answer: 110-165%
Notes: India levies Basic Customs Duty, AIDC, IGST, and GST Compensation Cess on imported used cars. The effective import tax rate typically ranges between 110% and 165%. The exact rate varies based on value, engine capacity, and other specifications set by Indian customs regulations. Used car imports face higher taxation and stricter regulations compared to new vehicles under current policy.
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📌 Question Number: 7 in 13. Automobiles Industry in the above course in App.

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