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Message: <blockquote data-quote="chkaushalya" data-source="post: 21368534" data-attributes="member: 54464">The applicable tax rates for 250cc bike is as follows.If its not more than 3 years old.Excise Levy - 90% or Rs.1,500/- per cubic centimeter (cm3) of the engineIf its more than 3 years old,Excise Levy - 90% or Rs.500,000/- per unitHighest amount will be considered as the payable tax.<img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" /><img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" /><img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" />Please note that if its more than 3 years from the date of first registration you have to get the ICL (Import Control License) from the Import Controller.<img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" /><img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" /><img src="/styles/default/xenforo/smilies/default/angry.gif"  class="smilie" loading="lazy" alt=":angry:" title="Angry    :angry:" data-shortname=":angry:" />Tax is calculated on the CIF value, which includes the Cost/FOB, Insurance and the Freight.</blockquote>

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