mathayus

Hi, I am one of those millions who dreams to own a SBK. I am on a look out to chase down my dream of having an Yamaha R1. I am from Kolhapur (Yes, from the town of Mohite's Collection ) and after a fair bit of hunt i was able to reach a dealer through a friend who deals in all sorts of imports. Spoke to him and he said there's an 2006 Yamaha R1 in candy red colour, which originally hails from hyderabad but now located in mumbai. The dealer said it was a jhol bike and when the original owner got aware of this DRI thingy and he supposedly paid all the duties and penalties. "Bike is with all clean Import, RC and other needfull papers" He added. I v asked for scans of landing papers and RC which i may get by tommow. The price quoted here is 6.50 lacks. 1600 kms clocked. Can any mumbai peeps around confirm this bike? its MH43 passing. Attaching the bike pics which has been mailed by the dealer.





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Any kind of thoughts or inputs will be appreciated.
Thanks
Rakesh

Sunny

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sunnykapoor2003

Brother once bike has landed in India without proper duty one cannot pay after one year without the seizure of bike. Whether he has paid 10 lakh of duty bike will be still illegal un less and until he has a NOC or cleared certificate from DRI. Please check all duty paid paper are genuine and 6.50 is very high price for any duty issue P.M me thanks

kinshuk.arya

some of the points which were collected from a previous thread about buying a used SBK...


Never buy a used superbike that only has a registration papers! This can be bought just by paying a bribe. This also applies to places like maharashtra where there are smart card systems. A smart card or an RC with the bikes name, owner and other description doesn't mean its a legal bike!

2. A genuine superbike will have two important documents among all other papers: A bill of landing and an invoice price sheet that assesses the price of the bike and its respective taxes. The bill of landing is the proof a vehicle entered legally into the country. It is a big piece of paper, about the size of a newspaper that is folded into two or four folds.

When someone wishes to sell you a bike, first ask if they have BILL OF LANDING! If they don't, then don't even bother looking at the bike

3. The invoice paper has a determined value of the bike. Make sure that in the invoice has atleast Rs. 2 lakhs (about $ 5 to 6K) paid in duty if the bike was brought in used. This prevents any form of trouble in the future, because it ensures that the duty paid was reasonable, depending up the used bike's life. Again, read above, AT LEAST 2 lakhs or above. So the invoice price can be higher as well.

4. Now, someone says that the bike does not have bill or landing, or invoice sheet, but they may say that they have DRI clearance. Now what does this mean? This means that DRI had confescated the bike, but the owner was compelled to get it back, by paying the appropriate taxes and fines. This makes sense because there's no point in DRI keep the bike for themselves and letting it rot. The DRI therefore, issues a clearance certificate where it clearly expresses the taxes paid, including the fine. When you see the clearance certifcate, please check with DRI is all the info is true. The DRI has offices across all metro and this can be verified.

VERY IMPORANT



5. And lastly, here's soemthing to keep in mind. Let's say you are buying a used SBK, such as a 2007 suzuki gsx R 600. This recently got sold in AP for 6.5 L recently. The ex-shoroom price of this bike is about $ 8.5K new (about 4.5 L). With 105% duty, that brinks the bike upto 9 to 9.5L on road in india after registrations, taxes etc. So its three years old, so considering basic depreciation of 15%, 12% and 10% for the past three years, the best buying prices of the bike would be (approximate estimate locally) 8.1 L in 2008, 7.15 L in 2009 and 6.45 L in 2010. This makes sense because the proper clean paper gsxr 600 sold for 6.5 lakhs recently! So any value below this, you have to become aware of the shadiness that's prevalent with the bike. You have many guyz quoting 5 to 6 L for these 600cc bikes and you can bargain for a low 5 L..but you won't end up with a clean bike.


as you are saying that it has just 1600km on ODO i wouldnt mind paying 6.5l for the bike will do a little bit of bargaining.... but 4 years and just 1600 km that is a little hard to digest...

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sunnykapoor2003

I do not know about others but I have faced all the all the problems from DRI first summon till show cause notice (almost 1.5 years & still facing) and please note there are lots of bike which are selling in India with forged bill of entry. I have bill of entry of Rs 3.5 lakh duty paid which is forged. Do not go on the things which are available on internet unless one has faced. If you paid the duty that doesn’t mean that your bike is now legal there is a very long procedure to be followed to get final clearance almost 02-03 years.i will suggest do not go for bike who doesn't have DRI certificate or it has Indian billing .

atul_chang

Kinshuk, a question unrelated from the thread. I think you mean bill of lading. I have an officially purchased docu intruder and no bill of lading or tax document was provided to me. The custom duty was paid by suzuki india limited for the entire container and that document was provided at the time of registering to RTO. Do u think that I should ask for these docs?

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KwokFist

I don't know about your experiences with gray bikes but all said and done for a gray R1 6.5L is a too much, clean or not. With a bit of hard work and a bit of luck you can get a pre-owned Showroom-Legal 08 R1 after some negotiations for around the same price 6.5-7L. Ditch this bike and look for a legal one. It's your call at the end of the Day. I'd value this around 4.5L if it was in excellent shape with some aftermarket bits on it, adding value to it. Besides 1600kms on the ODO in all probability is fake! It's a piece of cake to disconnect the speedo on the R1 and run it and a lot of SBK owners with gray bikes do it. Unless this bike has NOC from DRI, even i wouldn't touch this with a 20 feet pole.

Besides you'll get spares and service from the authorized SVC for the legal 08 bikes anyway. Your from MH. Go to mumbai/pune over a weekend with 7L and you'll find plenty of legal options there. Why simply bother with this bike?

It wont be necessary AFAIK besides I've couple of friends who own Legal busas and never had any issues so far. Your bike is legally sold. DRI is aware of this and they aren't looking for bikes sold through the showroom, although there was an instance where the DRI was looking for legal SBKs which hadn't been given the BoL but i think it was all sorted out long ago and there have been no issues ever since. But if you feel unsure, approach Suzuki in this matter and ask them to give you the necessary documents but I'm not sure they will give but you can try, for your peace of mind.

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jasmeetsinghchawla

And he will also get the privilege to get the bike insured(Peace of mind from theft or accident).

kinshuk.arya

in your case it wouldnt be necessary... these papers are necessary for people who have imported their bikes....

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Bking

Dear Mathayus,

Good work on bringing up this query with xbhp. Please be aware of shady superbike transactions. For the last couple of months, I have started and actively updating a thread on the following title...."stolen cbr600rr in hyderabad! please help!" I suggest that you read this thread, over 20 pages of detail, that outlines the grey market superbike business.

In short, There are a lot of shady things from what you have described.

The dealer told you that is it MH43 number, if it is really a clean bike, then why didn't the dealer disclose the full number?

Just wait and see how the scanned papers look like. As another member already noted, even the custom papers are fabricated these days. You have to understand that the DRI has been cracking down a lot of grey superbikes in the last couple of years? why? not only is the government cheated of its revenues, but with the advent of legal superbikes into india, the DRI has strictly revamped their strategy to nail down these bikes as much as possible. This is the primary reasons why many bikes are coming down to the south from MH.

Understand that the most important document that makes an "imported" bike clean is the bill of landing. This is not just one piece of paper. It is a set of papers (large paper, about the size of a news paper sheet that is folded into two or three folds) and receipts for which you will need a file to organize all of them.

It discloses the name of the person who imports it, country of origin, name of the shipping agent, start address and destination address, description of the product shipped, if a car or bike, the color, volume size, and weight (in pounds or kilograms or both), origin date, destination date, etc etc. Another important slip in this bill of landing is the invoice sheet. This is where the custom authorities determine and disclose the tax amount you will pay for the bike. Other papers include chalaans and other slips at the dock number where the bike got unloaded, the sign and verification of the port staff at that dock, etc etc. If a local agent is on this, he will collect all these for you.

The name on the bill of landing SHOULD match the name on the registration certificate. The registration authorities will see the bill of landing and the invoice slip, and only then are they authorized to issue a registration certificate for you, but just taking the registration fees, depending upon the cc of the bike.

This brigs about another important point. Just because a bike or car has to be imported through the bombay port, doesn't mean that it has to be registered in MH only! Not many people know this. Once you have clear bill of landing and invoice slip, you can take it to your own state (tamil nadu, andhra pradesh, karnataka etc) to register the bike. But most of the bikes are MH registered because, the RTO (especially in MH 02 and MH06 division) have taken bribe and issued registration certificates.

Most of the shady dealers say it has clear papers because they only imply the registration certificate, be it paper or a smart card.

My advice buddy, stay off these bikes! Its a big headache, and you will end up losing money only. Also, this dealer seems to be clearly making up stories, I mean, someone brings in a bike wanting to avoid tax and then realizes that he will pay the tax later? that too with penalty? sounds to hard to be true. Well, lets now look into another scenario...what if that person did pay the tax later, being the good citizen that he was. Ask the dealer for the "DRI clearance certificate." This certificate will be accompanied by an invoice which has all the tax and penalty amount paid. And check to see if the name on this clearance certificate matches the one on the registration certificate.

Let me tell you mathayus, these guys are even capable of taking a genuine certificate and forging it into a different name. If the bike is based in mumbai, tell dealer that you don't even want to look at the bike, tell him that you will come to mumbai and take a look at the original papers yourself. You can get a sense of how he reacts. For all you know, he may never even bother to talk to you again if you ask or tell all of the above. He will only try to find another bakra whom he can easily bait and run away with some quick cash.


All this trouble is NOT worth it. And if you do get a sense of the clearance certificate being genuine, then you can verify that with the DRI. There are DRI offices located across many states. CAll them and ask them for the reference, and you will get a VIN (vehicle identification number) from the DRI office....and see if that VIN matches this R1.

I know its your dream buddy, and it hurts to read all these things, knowing that you are still postponed from getting your dream. We all feel the same buddy. Remember that knowledge is power, and through this you will save yourself a lot of trouble, agony and most importantly cash! Good luck buddy!