Export and Imports cars to India, Singapore and Malaysia from UAE

INDIA
India has huge market for imported luxury cars. There is great demand for new cars as well as used cars. No import license required for importing cars and other vehicles into India Conditions that import of new cars shall follow Should have speedometer indicating the speed in Km/h Should have right hand steering and controls Should have the photometry of the head lamps to suit keep left traffic Shall be permitted only through the Customs port at Nhava Sheva (Mumbai), Calcutta and Chennai

Conditions that import of used card shall follow Used car shall not be older than 3years from the date of manufacture Should have right hand steering, and controls Should have a speedometer indicating the speed Km/h Should have photometry of the headlamps to suit "keep left" traffic. Shall be allowed only through the customs port at Mumbai. Should have a minimum roadworthiness for a period of 5 years from the date of importation into India with assurance for providing service facilities within the country during the five year period. For this purpose, the importer shall, at the time of importation, submit a declaration indicating the period of roadworthiness in respect of every individual vehicle being imported, supported by a certificate issued by any of the testing agencies, which the Central Government may notify in this regard. The vehicle has to be submitted for testing to Vehicle Research and Development Establishment (VRDE), Ahmednagar, of the Ministry of Defence or the Automotive Research Association of India, Pune or the Central Farm and Machinery Training and Testing Institute, Budni, Madhya Pradesh, and such other agencies as may be specified by the Central Government, for granting a certificate by that agency as to the compliance of the provisions of the Motor Vehicles Act, 1988 and any rules made there under

Circumstances favor importing cars The importer should have been continuously stayed in abroad for a period of two years before coming to India for permanent settlement. The payment for the car is made abroad. The car should have been in use for at least one year prior to importer's return to India.

The car should be imported within six months of the arrival of importer in India. The custom duty should be paid in foreign exchange The importer is free to sell this car in the open market after his return to India without any restrictions about the period of retention of the vehicle. The importer can import another vehicle only after five years, if he moves out of India The duty on import by handicapped persons can be paid in rupees and the vehicle in this case cannot be sold at any time without the permission of the government. Import of spares up to a value of Rs.20,000.00 for each imported vehicle is allowed with a license. The import duty is charged on the basis of list price prevailing. However, trade discount and depreciation on the value are deducted from the price list but freight from the country of manufacture and insurance charges are added. The landing charges are further added to arrive at the final assessable value.

Indian Car import policy Persons Coming To India for Permanent Settlement. Foreign Nationals Married To Indian Nationals. Foreign Nationals Working In India. Foreign Firms, Companies and Institutions Established In India. Companies Incorporated In India Having Foreign Equity. Journalists/Correspondents of Foreign News Agencies. Indian Firms Executing Contracts Abroad. Charitable and Missionary Institutions. Physically Handicapped Persons. Honorary Consuls of Foreign Government. Custom Duty/Tariff India currently follows standard duty of 101.91 percent. In case of new cars, freight cost is the transaction value between the seller and the buyer, whereas in case of second hand or used car, freight cost is the value calculated after depreciation. The depreciations allowed are based on the number of the years the car has been used. The depreciations are allowed as per the following: Period of Use For every quarter during first year For every quarter during second year For every quarter during third year For every quarter during fourth year and therafter Depreciation Allowed 4% 3% 2.5% 2%

Duty rates Basic Custom Duty Special Custom Duty Additional Duty M.V.Cess Special additional duty of custom 35% 10% 40%(16%cenvat+24% special excise duty) 0.125% 4%

SINGAPORE
Import duties on cars and motorcycles are very high in Singapore. Technical requirements of imported cars Should not be older than 3years from date of manufacture A surcharge of $10,000 is payable for each imported used car registered in Singapore Vehicle must pass a mechanical inspection at the LTA (Land Transport Authority) before it can be registered. All safety glass fitted must have not less than 70% light transmittance and must not contain any metallic oxide coating Exhaust emission standards as specified by either the European Directive 91/441/EEC or Article 31 of the Japanese Safety Regulation. A certificate of compliance is required. Only right-hand drive vehicles allowed to import Vehicle must be fitted with approved front and rear safety belts. Vehicle must have asbestos-free brake and clutch lining. Air-conditioning units must be CFC-free. Guide to importing a car in Singapore Step 1 Ensure that able to comply with the general requirements and standards as Step 2 Obtain the following from the agent or car manufacturer: a. Document to prove that the car is new or has never been registered for use (e.g. manufacturers invoice, V308 Registration Document issued by Dept. of Transportation, London, etc.).

For a used car, the vehicle registration document issued by the foreign authority is required. The engine and chassis numbers, inclusive of the prefix and suffix, engraved on the car must also be identical to those appearing on the vehicle registration documents. If the car has been registered as a new vehicle in a foreign country which adopts a higher or equivalent safety and emission standard as Singapore; de-registered within fourteen days of its registration in the foreign country for export to Singapore and arrived in Singapore within three months from its de-registration in a foreign country, the original registration, de-registration and export documents from the foreign country must be submitted for verification. b. Document to prove that the car complied with the exhaust emission standards as specified in the previous section. c. Technical specifications of the car issued by the manufacturer if it is a new make or model previously not imported into Singapore (e.g. technical catalogue, etc.) Step 3 Arrange for shipment of the car to Singapore with a shipping agent. Step 4 Arrange with shipping agent to obtain an Inward Cargo Clearance Permit. Agent will have to submit a joint application to Singapore Customs using the TradeNet System. Permit and processing fee, Customs Duty and Goods & Services Tax (GST) will be payable to Singapore Customs through inter-bank GIRO The Singapore Customs will assess the Open Market Value (OMV) of the car taking into account purchase price, freight, insurance, handling and all other charges incidental to the sale and delivery of the car in Singapore. Customs duty will be levied at 20% of the OMV. GST is computed at 7% of the total of Cost, Insurance & Freight (CIF) & Customs Duty. The following documents may be required to be submitted to Singapore Customs for custom assessment purposes a. Original purchase invoice b. Freight and insurance papers c. Bills/receipts relating to other incidental charges d. Documents relating to exhaust emission test, windscreen test, etc e. Vehicles registration document (for used car) f. A manufacturers letter confirming the date of manufacture of the car. Taxes and Tariffs Singapore doesnt apply any tariffs on imported vehicles. A duty rate of 20%(Excise Tax) of the custom value levied on motor car and 12% on motor cycles. 7% of GST will also levied on CIF(Cost, Insurance and Freight) value +duty payable. Registration fee- 140SD and additional registration fee will be 100% of Open Market Value

MALAYSIA Malaysia import duties are high as 300%. Owning a non Malaysian making car is highly expensive. Vast majority of cars in Malaysia are produced domestically. To import car one must apply for an Approval permit from the Ministry of International Trade and Industry (MITI) Procedure to import car 1. 2. 3. 4. Obtain Tax-Exemption Letter from Ministry of Finance Obtain AP for car imports from Ministry of International Trade and Industry Ship the Car from home country to Malaysia. Clear the Custom and NIKI (Imported Vehicle Identification Number) registration in the Malaysian port. 5. Transport the car from the Malaysian port it landed to the where you live. 6. Register the car in your state, after puspakom inspection. 7. Get a Motor Insurance and pay road tax. As there are no other ports in Malaysia other than Port Klang and a port in Sarawak that can register NIKI for imported car, if the car is received in another port it will need to be transported to these ports for NIKI registration. Who is eligible to import cars to Malaysia? A Malaysian studying in overseas for more than a year and returning home permanently A Malaysian working in overseas Govt official who posted in overseas Expatriates whose is working in valid working permit