What is the import tax by India on foreign imported used cars?

Question

The import tax on foreign cars in India depends on the car\'s Cost, Insurance, and Freight (CIF) value and whether it\'s new or used:

New cars: Cars with a CIF value over $40,000 are subject to a 100% customs tax. Cars with a CIF value under $40,000 are subject to a 70% import charge.
Used cars: The import tax on used cars is 125%.

In addition to import duty, the car must be registered at the nearest Regional Transport Office (RTO) in India. Registration and road tax fees are separate from import duty.

GKToday Admin · Accepted Answer

125% The import tax on foreign cars in India depends on the car\'s Cost, Insurance, and Freight (CIF) value and whether it\'s new or used:

New cars: Cars with a CIF value over $40,000 are subject to a 100% customs tax. Cars with a CIF value under $40,000 are subject to a 70% import charge.
Used cars: The import tax on used cars is 125%.

In addition to import duty, the car must be registered at the nearest Regional Transport Office (RTO) in India. Registration and road tax fees are separate from import duty.

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