Planning to import from india

ashish.13

Hi,

I'm planning to import a brand new Honda 250cc motorbike from India to Ireland.

I am looking for all the cost involved in it. Some of my questions are as follows:

How much will be the Custom duty.?
How is custom duty calculated.?
How useful it would be to bring in a few months old motorbike instead of a new one.?
What would be the Shipping charge.?
Which shipping companies operate from New Delhi.?
What's the import category.?
Is the VRT for a 250cc motorbike be 500 euros.?
Are there any other costs involved.?

It would be really appreciated if someone with relevant experience can please share the knowledge.?

Thanks in advance.!

CJhaughey

Your biggest issue will be the EU certificate of conformity. (COC), without that you won't be able to register any new bike here.
http://www.revenue.ie/en/online/vrt-calculator.html

TL,DR. Buy a bike here, not worth importing from India no matter how cheap it is there.

Rory28

Far as I know the VRT is 2 euro for every cc up until 350 then 1 euro after that. Shipping the bike will cost more than a brand new one here so unless this bike has sentimental value to you id just get one here.

Goose81

As OP said its designed to be sold in a 3rd world country, it could struggle to get a cert to be registered here.

Notch000

why a 250 honda, you can get new 500cc royal enfield in a shop there for around 1800euros

Atlantic Dawn

Before you do anything check you can insure the bike, if you can't it's a waste of time importing.

macplaxton

+ Custom Duty 8%
+ VAT @23%
+ VRT (€2 per cc up to 350cc then €1 per cc thereafter)

Above added to the landed cost, e.g. cost of m/c + shipping + insurance + freight forwarding agent fees, etc.

New or used, above rates apply. (except VRT, which is discounted 10% per year up to 10 years old.)

Taric code: 87 11 20 98 00

SECTION XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT

87 VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK, AND PARTS AND ACCESSORIES THEREOF (TN701)

8711
Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side-cars; side-cars : (TN701)

8711 20
- With reciprocating internal combustion piston engine of a cylinder capacity exceeding 50 cm3 but not exceeding 250 cm3 :

8711 20 98
- - - Exceeding 125 cm3 but not exceeding 250 cm3

Customs duty is only 3.7% on spare parts, so minimally dismantling the machine in such a way as to classified as motorcycle spare parts will save a little.

Insurance if available will probably cost more just because.

If it doesn't have EU type approval or CoC, then it needs an IVA by NSAI. More money.

Can't think of anything else other than it is a Very Bad Idea. The expenses and hassle is endless. Only reason I can think of to do it is: you're an eccentric billionare and can't get what you want anywhere else.

ashish.13

macplaxton wrote: »

+ Custom Duty 8%
+ VAT @23%
+ VRT (€2 per cc up to 350cc then €1 per cc thereafter)

Above added to the landed cost, e.g. cost of m/c + shipping + insurance + freight forwarding agent fees, etc.

New or used, above rates apply. (except VRT, which is discounted 10% per year up to 10 years old.)

Taric code: 87 11 20 98 00

SECTION XVII VEHICLES, AIRCRAFT, VESSELS AND ASSOCIATED TRANSPORT EQUIPMENT

87 VEHICLES OTHER THAN RAILWAY OR TRAMWAY ROLLING STOCK, AND PARTS AND ACCESSORIES THEREOF (TN701)

8711
Motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without side-cars; side-cars : (TN701)

8711 20
- With reciprocating internal combustion piston engine of a cylinder capacity exceeding 50 cm3 but not exceeding 250 cm3 :

8711 20 98
- - - Exceeding 125 cm3 but not exceeding 250 cm3

Customs duty is only 3.7% on spare parts, so minimally dismantling the machine in such a way as to classified as motorcycle spare parts will save a little.

Insurance if available will probably cost more just because.

If it doesn't have EU type approval or CoC, then it needs an IVA by NSAI. More money.

Can't think of anything else other than it is a Very Bad Idea. The expenses and hassle is endless. Only reason I can think of to do it is: you're an eccentric billionare and can't get what you want anywhere else.

Thanks a lot buddy.! That was really helpful. I finally dropped the idea

galwaytt

What bike was it - intrigued to see which model.