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Superbike And Imports
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#1 (permalink) |
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Mom, can I have a Ducati?
Join Date: Sep 2008
Location: Bangalore
Posts: 12
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Hi guys,
I need info on this. I am planning to buy a bike here in the Netherlands. Most probably a R6 or CBR600. I wanted to know that when I come to India what are the formalities that I need to do if I want to ge the bike there. I mean the applicable taxes etc. and also the rough estimate of how much it costs to get the bike there? Thanks in advance. |
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#5 (permalink) |
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gixxer thrasher
Join Date: Nov 2004
Location: Bombay, India.
Posts: 212
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Vishdes, firstly you will have to own the bke for a minimum period of one year before you bring it down.
You will get a depreciation of 10% for each year, maximum depreciation being 70%. For example if you buy a 2008 bike for say 10000 usd, and bring it down in 2010,k you will get a depreciation benefit of 20% being 2000. So the import duty that will be charged will be applicable to 8000 USD. If you need finer details, just ask, and i mostly should be able to answer most of it as i know two people who have brought down bikes after their stay in the US.
__________________
CBR 954 RR Yoshimura TRS - Ohlins - Power Commander - EBC - Stomp Grip - Sportech - Shock Racing - Harris - Motografix |
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#8 (permalink) |
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shark on the prowl!!!
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here is the pdf from the Central Board of Excise and Customs, with regard to duties.
http://www.cbec.gov.in/customs/cst-0708/chap-87.pdf more here and here |
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#10 (permalink) | ||
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gixxer thrasher
Join Date: Nov 2004
Location: Bombay, India.
Posts: 212
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Quote:
Quote:
The sbk scene in India has definitely changed over the last couple of years. The number of imports you see now is probably 10 times of what you wold see say 4-5 years ago, a lot of this is due to Dhoom. But apart from the R1 & MT01 being officially launches, there isnt much the two wheeler industry has done to cater to the enthusiast. 99 out of 100 imports you see around are illegal baggae imports, which was not the case till early 21st century. Baggage imports have their trademark shoddy jobs, sometimes levers not being set perfectly, a wire hanging, disconnected cables, this wasnt the case back in the day as most bikes were brough down in 'one piece' on TR, the only hitch here was that bikes were undervalued, but definitly not to unbelievable values. At similar price point, i would like most others try and import a four year old bike from abroad, than pick something up from the local market. The infrastructure the 'reputed' sbk mechs have here is a joke. They are seasoned, but ae not always bang on with the troubleshooting process. So basically if you have a chance to bring your 'owned' bike down, and its working out to a similar price that you would pay for in India, do not bother thinking twice. That extra bit of hassle would be all worth it.
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CBR 954 RR Yoshimura TRS - Ohlins - Power Commander - EBC - Stomp Grip - Sportech - Shock Racing - Harris - Motografix |
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