Do you wish to buy a car which is not manufactured in India? Don’t worry; you can import the model of your choice. However, there are certain rules and regulations that you need to follow before importing a car. In this article, we will provide a detailed guideline on “How do you import a car?”
The Process to Import a Car
When you wish to buy a car from overseas, you should first research how to import a car and understand the rules and regulations in India regarding import. The following is a general overview of the process to import a car.
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Research about the regulations
- There are definite rules and regulations in India regarding the import of cars. For example, you cannot import a left-hand drive car. Similarly, there are regulations regarding emission standards, safety, and tax payments. Have a detailed understanding of the same before beginning the process of import.
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Find a trusted importer or customs broker
- If you are not familiar with the regulations, you should hire a customs broker who can guide you through the process and do the paperwork for you.
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Purchase the car
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Documentation
- Collect all the documents required for the import of the vehicle.
- You will also need the documents regarding safety and emissions standards.
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Shipping
- Arrange to ship your car to India.
- You may use a shipping company or a freight forwarder for the same.
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Customs Clearance
- Once your car arrives in India, it will have to go through customs clearance.
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Pay the duties and taxes
- Importing a car in India attracts import duties and taxes.
- This will vary depending on the value and the type of vehicle.
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Registration and Inspection
- After customs clearance and payment of the import duties, your car needs to be registered with the appropriate authority in India.
- You will also need to get it inspected to ensure it meets the necessary safety standards.
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Get your car Insured
- Once all the process has been completed, it is advisable to get your car insured.
- You may purchase car insurance online or offline.
- It is compulsory to buy car insurance in India before you get your vehicle on the road.
Conclusion
Once the aforesaid processes are completed, you are free to enjoy your ride on your imported car on the roads of India.
Disclaimer: The information provided in this blog is for educational and informational purposes only. It may contain outdated data and information regarding the relevant industry. It is advised to verify the relevance of the data and information before taking any major steps. ICICI Lombard is not liable for any inaccuracies or consequences resulting from the use of this outdated information.
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