Exporting Used Cars to India

Question

We take in a number of 10 – 15 year old executive cars in part exchange and would like to export them to India. I’ve been searching high and low but can find no information beyond personal imports of 1 car only, for returning NRI’s. Does anybody have reliable information on how to navigate what is surely an administrative minefield?!

Answer

Information on the Customs requirements for exporting is given in HMRC Public Notice 275. All notices can be found on our website www.hmrc.gov.uk under Quick Links > Library > Official Statistics – Publications – Notices, Info Sheets & Other Reference Materials > Import, Export & International Trade. The Public Notices are in numerical order.

I would also suggest that you contact the Indian Customs Authorities to ascertain if there are any import restrictions on such items.

HM Revenue & Customs
Customs International Trade & Excise
www.hmrc.gov.uk/contactus

Answer

Dear Bill,

Thank you for your question.

Grateful if you could clarify if you are a UK company with premises in Spain or a Spanish company.

Open to Export is a service for UK companies who need help doing business overseas. With this in mind, if you are a Spanish company, you may not get the responses you require from this particular community.

However, I’ve managed to find the website for the Indian version of HMRC. Hope that this helps.

http://www.cbec.gov.in/

Regards,

Jennie

Answer

We are able to beat corporate bank rates on foreign currency exchange. Due to the fact we are a trading name of Ebury Partners (whose turnover last year was in the region of £1bn), we have virtually no overheads and so can substantially undercut banks and competitors. We carry out all the necessary KYC checks in line with FCA regulations and maintain a fervent desire to ensure all our clients receive the fastest, most efficient service possible.

Please send me an email on b.porcas@flo-fx.com or visit our website at www.flo-fx.com for more information.

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