Jaguar is the luxury vehicle brand of Jaguar Land Rover, a British multinational car manufacturer with its headquarters in Whitley, Coventry, England, owned by the Indian company Tata Motors since 2008

JAGUAR XF Jaguar XF is now produced in India. In 2008, Tata motors acquired Jaguar and Land Rover from Ford motors. Even though the ownership of Jaguar is in the hands of Tata since 2008, the Jaguar cars available in India were originally produced in Britain and imported to India. As a result of the high import tax, the Jaguar cars were having very high price. Tata started the production of Jaguar in India aiming at reducing the price of their models. They had established a manufacturing site at Pune for the manufacture of Jaguar. The first model which is produced there is Jaguar XF.Before starting the production of Jaguar XF in India, it was imported from Britain and costs RS 48.37 lakhs. It is expected that by the production of this car in India, the company will be able to make the vehicle available at a price of around RS 42 lakhs. Also it will increase the ready availability of Jaguar cars in India. This step is considered as the symbol of the importance of Indian market in luxury car industry.

IMPORT POLICY

The regulations for importing used and new foreign cars, motorcycles, scooters and other non-commercial vehicles into India are quite strict. For example, new foreign vehicles can be imported only through the Indian customs ports in Mumbai (Nhava Sheva), Chennai and Kolkata. Used foreign vehicles can be brought in only through the Indian customs port in Mumbai.Importing a non-commercial vehicle can be a costly affair because of the heavy customs duties imposed by the central government. They must also be tested for compliance with the government’s requirements.Foreign passport holders and non-resident Indians (NRIs) who are moving permanently to India can import a used or new vehicle through the transfer of residence scheme

IMPORTING A NEW VEHICLEThe Government Has The Following Requirements For Importing A New Vehicle:-

* It Must Be Completely Manufactured And Assembled Outside Of India* It Must Be Imported From The Country In Which It Was Manufactured* It Must Not Have Been Registered, Sold, Leased Or Loaned Before Importation* It Must Have Right-hand Steering, Controls And Headlights Suitable For Driving On The Left Side Of Road * It Must Have A Speedometer That Displays The Speed In Kilometers Per Hour* It Can Be Imported Only Via The Indian Customs Ports At Mumbai (Nhava Sheva), Kolkata Or Chennai* It Must Conform To The Provisions Of The Central Motor Vehicles Act Of 1988

IMPORTING A USE VEHICLE

The Government Has The Following Requirements For Importing A Used Vehicle:

* It Cannot Have Been Manufactured More Than Three Years Previously * It Must Have Been Previously Registered, Sold, Leased Or Loaned Before Importation * It Must Have A Roadworthiness Certificate Valid For At Least Five Years After The Date Of Importation * It Must Have Right-hand Steering, Controls And Headlights Suitable For Driving On The Left Side Of The Road * It Must Have A Speedometer That Displays The Speed In Kilometers Per Hour * It Can Be Imported Only Through The Indian Customs Port At Mumbai (Nhava Sheva) * It Must Conform To The Provisions Of The Central Motor Vehicles Act Of 1988 * Its Cylinder Capacity Is No More Than 3,000cc

DUTY STRUCTURE

Foreign Vehicles Imported Into India Are Subject To Customs Duties That Cost More Than The Retail Price At The Time Of Purchase. On Average, Expect To Pay About 102 Percent Duty On A New Vehicle Or 160 Percent On A Used Vehicle. These Rates Include:-

CUSTOMS DUTIES RATES IN %Basic customs duty 35Special excise duty 24Additional duty 16Surcharge on customs duty 10Special additional duty of customs 4Motor vehicle cess 0.125

Open General License

Open General Export and Trade Control Licences are licences available for all exporters or traders to use and allow the export of specified controlled items by any exporter or license the involvement of a trader in arranging the movement of goods between certain countries outside the UK. Exporters must register with the Export Control Organizationon SPIRE before they make use of most OGLs. There are also a small number of Open General Transhipment Licences (OGTLs), for which registration is not required.

RESTRICTED PRODUCT & USE BANNED ITEMS

Import of retreaded tyres for buses, lorries and earth moving equipment including bigger size vehicles and light commercial vehicles. (Schedule 1 of ITC(HS) )

Import of retreaded tyres for passenger automobile vehicles including two wheelers, three wheelers and personal type vehicles.(Schedule 1 of ITC(HS) )

BANNED VEHICLESThe following types of vehicle are banned:-

* Cars with an engine capacity of between 1,000cc and 2,500cc * Motorcycles with an engine capacity of between 50cc and 500cc * Scooters with an engine capacity of between 250cc and 800cc