Conditions for Vehicle Imports

Here are the 9 conditions for vehicle imports incorporated into the government regulations:

1. Import Limit for Registered Importers: Importers who are registered with the Department of Motor Traffic and State Institutions may import the required number of vehicles in compliance with the relevant regulations outlined in the Gazette Notifications.
2. Restriction for Unregistered Importers: Non-registered importers are allowed to import only one vehicle within a 12-month period.
3. Mandatory Registration: All imported motor vehicles must be registered with the Department of Motor Traffic within 90 days from the date of Bill of Entry or Customs Declaration (CUSDEC), either under the buyer’s name (if purchased from a registered importer) or the importer’s name.
4. Affidavit Requirement: Importers must submit an affidavit, including their Taxpayer Identification Number (TIN) issued by the Department of Inland Revenue, along with other necessary documents. Non-registered importers must also confirm they haven’t imported any other vehicles within the last 12 months.
5. Late Registration Penalty: Failure to register an imported motor vehicle within 90 days will incur a 3% monthly late fee on the CIF value, capped at 45% of the CIF value.
6. No Waiver for Late Fees: No waivers will be granted for the monthly late fee under any circumstances.
7. Age Determination of Imported Vehicles: The age of a motor vehicle will be determined by the time elapsed between its Date of Manufacture and the date of the Bill of Lading or Airway Bill.
8. Ban on Concessionary Import Permits: Importation of motor vehicles using permits with concessionary duty rates is prohibited.
9. Re-Exportation Requirement for Violations: Any vehicle imported in violation of the regulations must be re-exported by the importer within 90 days from the Bill of Entry/CUSDEC date.