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Import of foreign cars - Coggle Diagram
Import of foreign cars
Paperwork and documentation
Invoice of the vehicle
insurance policy
Bill of lading or sea waybill
import license
purchase order/letter of credit
test report to ensure safety and non modification of vehicles
Cost Efficiency
165% of car cost as import duty
car insurance
Freight
Repairs and remodelling of second hand cars
Registration charges
Road tax
ISI (import substitution industrialisation)
trade policy to encourage homegrown industries
substitutes imports with domestic manufacturing and production
Rules of compliance
Right hand drive
Headlights illuminating the left hand side of the road
Speedometer of kilometres and not miles
Portability
Naval docks at Mumbai, Chennai and Kolkata