|
|
| Eligibility |
|
|
| Accredited
Journalist / Correspondents of foreign News agencies. |
|
|
| Limit |
|
|
| One
vehicle. |
|
|
| Conditions |
|
|
|
1.
|
Importer
should have the Accredition Certificate from the Press Information Bureau,
Ministry of Information and Broadcasting, Government of India. |
|
2.
|
Vehicle
should not be sold for a period of five years from the date of clearance of
the vehicle. |
|
3.
|
If
the Importer wants to sell the vehicle within a period of five years, then
the vehicle should be re-exported or sold to the State Trading Corporation
of India or to any other eligible Importer. |
|
4.
|
Car
should be registered in the name of the Importer on import of the vehicle
into the country. |
|
5.
|
Importer
should execute a bond undertaking to fulfill the conditions applicable to
import for an amount equal to Customs assessed c.i.f. value of the vehicle.
The bond shall be valid for a period of five years and it may not be
supported by a bank guarantee. |
|
|
|
| |
| Special
cases |
|
|
| Importer
can dispose of the vehicle without any restrictions after a period of five
years. |
|
|
| |
|
