Hi,
I am a US citizen and I am relocating to India for an extended period of time. I have a couple of questions that I need clarifications for.
1. I am assuming that I can use TR since I have been in the US for over 15-years.
2. Since there is an outside chance that I may come back to the US in the distant future, is TR the approach to ship all my personal effects?
3. I have a motorcycle that I plan to take to India. Unfortunately, I purchased the vehicle this year and due to my mother's death my relocation has been fasttracked and I wanted to know if importing the bike is going to be a problem. What is the way out if there is a problem importing since I have owned the bike for less than a year?
Please clarify.
Ram
Couple of general questions
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- Posts: 34
- Joined: Tue Dec 11, 2007 3:27 am
Couple of general questions
You can avail TR on moving to India. This will ensure you are charged minimal duty. Your returning back to US after availing TR should be no problem.
Regarding importing of Motorbike you need to own this bike for atleast a year. If you have not owned for that period you will not be able to import. Assuming you delay your departure and complete one year of ownership, in my view, it is still not worthwhile as duties are pretty high and the landed cost will be astronomically high compared to what you will get here for the similar model/make. In India all major companies are bringing in their best bikes for local sale in India that are considerably cheaper compared to what one would bring here on an individual basis.
Hope this helps.
Regarding importing of Motorbike you need to own this bike for atleast a year. If you have not owned for that period you will not be able to import. Assuming you delay your departure and complete one year of ownership, in my view, it is still not worthwhile as duties are pretty high and the landed cost will be astronomically high compared to what you will get here for the similar model/make. In India all major companies are bringing in their best bikes for local sale in India that are considerably cheaper compared to what one would bring here on an individual basis.
Hope this helps.
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- Posts: 217
- Joined: Sun Oct 19, 2008 8:00 pm
Couple of general questions
mce92cs (ram)
1. Yes, TR is the way to ship things duty free
2. Coming back after TR does not affect anything.
3. Motorcycle import rules are stringent. Without one year ownership, you are likely to face a lot of hassles.
Hope this helps
Team - 21st Century Relo
1. Yes, TR is the way to ship things duty free
2. Coming back after TR does not affect anything.
3. Motorcycle import rules are stringent. Without one year ownership, you are likely to face a lot of hassles.
Hope this helps
Team - 21st Century Relo
mce92cs;323513Hi,
I am a US citizen and I am relocating to India for an extended period of time. I have a couple of questions that I need clarifications for.
1. I am assuming that I can use TR since I have been in the US for over 15-years.
2. Since there is an outside chance that I may come back to the US in the distant future, is TR the approach to ship all my personal effects?
3. I have a motorcycle that I plan to take to India. Unfortunately, I purchased the vehicle this year and due to my mother's death my relocation has been fasttracked and I wanted to know if importing the bike is going to be a problem. What is the way out if there is a problem importing since I have owned the bike for less than a year?
Please clarify.
Ram
Couple of general questions
Does one avail TR (Transfer of Residence) at the immigration counter upon landing at the airport or at the customs when you clear your shipment?
Thanks.
Meelak
Thanks.
Meelak
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- Posts: 217
- Joined: Sun Oct 19, 2008 8:00 pm
Couple of general questions
meelak,
if you are carrying dutiable goods which you wish to clear free of duty on arrival, then you must inform the customs official after you clear immigration and he will give you the required forms. If you do not have any articles with you, you can walk out and fill these forms only when your shipment reaches at the port or arrival.
Hope this helps
Yogesh
if you are carrying dutiable goods which you wish to clear free of duty on arrival, then you must inform the customs official after you clear immigration and he will give you the required forms. If you do not have any articles with you, you can walk out and fill these forms only when your shipment reaches at the port or arrival.
Hope this helps
Yogesh
meelak;325031Does one avail TR (Transfer of Residence) at the immigration counter upon landing at the airport or at the customs when you clear your shipment?
Thanks.
Meelak
Couple of general questions
Yogesh,
Can you please provide your email address and/or phone number so I can reachout to you. I would like to discuss my relocation to India with you.
Best regards
Ram
Can you please provide your email address and/or phone number so I can reachout to you. I would like to discuss my relocation to India with you.
Best regards
Ram
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- Posts: 217
- Joined: Sun Oct 19, 2008 8:00 pm
Couple of general questions
Ram,
You can reach me on 908-240-1902 or email me at info @ 21crinc dot com
Yogesh
You can reach me on 908-240-1902 or email me at info @ 21crinc dot com
Yogesh
mce92cs;404544Yogesh,
Can you please provide your email address and/or phone number so I can reachout to you. I would like to discuss my relocation to India with you.
Best regards
Ram