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Customs duty charged in India on imported cars
#1
What is the current rate of customs duty charged in India on cars, especially from America ?

Does indian traffic rules allow left handed cars to be driven on the roads ?
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#2
Yesterday I have been approached by a student who is taking higher education in India with the help of a sponsorship program. He got some goods, sent by his sponsors from abroad to help him in his course but was being made to pay custom duty. He was baffled that why he was being charged with duty as he was not going to sell the same and earn profit. The goods received by him is just for study purpose. He asked me to make him understand when a person can get goods as donations or gift totally free from custom duty. So here I am writing provisions related to custom duty on Import of Gifts in India from Abroad.
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#3
Import duty & taxes when importing into India
Overview
Import duty and taxes are due when importing goods into India whether by a private individual or a commercial entity. The valuation method is CIF (Cost, Insurance and Freight), which means that the import duty and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight, and the cost of insurance. Duty in particular is calculated on the sum of the CIF value and landing charges (explained below). Some duties are also based on quantity measurements. In addition to duty, imports are subject to other taxes and charges such as landing charges, countervailing duty, CESS, and education CESS.
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#4
Import duty and taxes are due when importing goods into India whether by a private individual or a commercial entity. The valuation method is CIF (Cost, Insurance and Freight), which means that the import duty and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight, and the cost of insurance. Duty in particular is calculated on the sum of the CIF value and landing charges (explained below). Some duties are also based on quantity measurements. In addition to duty, imports are subject to other taxes and charges such as landing charges, countervailing duty, CESS, and education CESS.
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#5
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