Indian car enthusiasts often crave overseas vehicles not available in the local market, prompting considerations of importing. Before delving into the import process, understanding the steps and regulations for new and used vehicles is crucial.
Importing A New Car: Procedures And Regulations
To import a new car into India, find a reputable importer with a valid compliance certificate for the specific vehicle model, as required by rule 126 of the Central Motor Vehicle Rules (CMVR), 1989. The importer must also fulfill provisions assigned to the manufacturer and issue Form 22 per CMVR Rules 122 & 138.
Several guidelines must be adhered to when bringing a new car into India:
- The vehicle should be imported from the country of manufacture.
- The car must be constructed and assembled outside India.
- It must be a right-hand drive.
- The vehicle should be brand-new, with no history of rental, leasing, or usage.
- Legal entry points for cars are Mumbai, Kolkata, or Chennai.
- The speedometer should display information in kilometres per hour.
Importing A Used Vehicle: Guidelines And Restrictions
When considering the import of a used vehicle into India, specific regulations must be followed:
- The used vehicle should be no older than three years.
- It must be a right-hand drive.
- The car should not have been previously rented, leased, or sold.
- Headlights must be correctly aimed for left-side road illumination.
- Legal entry points for used cars are Mumbai, Chennai, and Kolkata.
Documents Required For Car Import In India
To successfully import an automobile, specific documents are necessary, including:
- Bank draft.
- Vehicle insurance coverage documents.
- Letter of credit or purchase agreement.
- GATT declaration for the car’s customs value.
- Authorization to import.
- Load the bill as proof of the car’s receipt for shipping.
- Duty Entitlement Pass Book, Duty Exemption Entitlement Certificate, and other relevant paperwork.
See also: How do you get into a car that is locked out?
Who Can Import Cars In India?
Several categories of individuals and entities are eligible to import cars into India, including:
- Multinational companies with operations in India.
- Individuals with physical disabilities.
- Honorary Consulate members with Ministry of External Affairs authorization.
- Inheriting a car from a relative residing overseas.
- Indian-based businesses trading foreign stocks.
- Non-resident Indians (NRIs) not residing in India for the previous two years.
- Religious institutions, charitable foundations, and journalists with specific authorizations.
Choosing The Right Car Insurance
To protect the imported vehicle, securing comprehensive car insurance is imperative. Buying car insurance online is popular among Indians due to its superior service. Whether opting for comprehensive, standalone own-damage or third-party insurance, insurance providers offer customized and reasonably priced plans. Claims are subject to terms and conditions set forth under the motor insurance policy. *
Buying car insurance online with third-party coverage is not only a legal requirement in India but also ensures the protection of cherished imported vehicles on Indian roads. When selecting car insurance, consider opting for zero dep in car insurance, which provides comprehensive coverage without factoring in depreciation, ensuring maximum reimbursement for any potential damages. Claims are subject to terms and conditions set forth under the motor insurance policy. *
The VIN number of your car is a crucial factor during claiming insurance. To locate the VIN number on your vehicle, check the dashboard near the windshield on the driver’s side, or refer to your vehicle registration documents.
*Standard T&C Apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
