Importing a vehicle comes in the category of foreign trade which involves various departments such as the Ministry of Commerce and Industry, Directorate General of Foreign Trade, Export-Import Policy Department. Therefore, to import a vehicle, you must follow the rules and guidelines provided by the RTO.
Let's talk about some basic requirements before diving deeper into the topic:
The imported vehicles are divided into two categories:
Both the categories have a set of different rules and regulations apart from the basic ones mentioned earlier in the article.
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In order to be considered as a new imported vehicle, the vehicle should check all the eligibility norms provided by RTO.
The criteria to be considered as a Used Imported Vehicle are as follows:
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Now let's talk about Import Duty. This is the major reason for the exorbitant expenses involved in importing a vehicle. The importer has to pay the import duty charged on the vehicle according to its category, cubic capacity of the engine, vehicle type, Cost, Freight, and Motor Insurance Value of the car.
If all the above-stated guidelines are followed, your vehicle can be registered by the RTO. Initially, for the first seven days, a temporary RTO registration number will be provided, after which you can apply for a permanent registration number.