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About charithtg

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    Aviation, Automobiles, Movies, Fixing things

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  1. charithtg

    Advice on importing a damaged vehicle

    I was thinking of commercial or sampath, but with your recommendation will go to the fort one directly then.. thank you sir. PS - i like the way to mentioned *TB as stupid little; they are like that most of the time,, i used to be a customer from their initiation but not anymore.. LOL
  2. charithtg

    Advice on importing a damaged vehicle

    well we checked on that with the Custom Controller last week. according to them, the gift scheme has been stopped indefinitely and they are not sure when it'll be reactivated. therefore, all vehicles (Except for diplomatic etc) imported to SL must have a LC opened. specially as im planing on using my permit to clear the same. thanks for the thought.
  3. charithtg

    Advice on importing a damaged vehicle

    Thanks for the info, much appreciated.
  4. charithtg

    Advice on importing a damaged vehicle

    I will check with the bank as well before starting anything. thanks.
  5. charithtg

    Advice on importing a damaged vehicle

    Thank you for the advice...
  6. charithtg

    Advice on importing a damaged vehicle

    No worries, water level was upto foot rest level. No electronics were contaminated as well. So i think it'll be ok. Thanks for the concern..
  7. charithtg

    Advice on importing a damaged vehicle

    Thank you for the reply, i was in the same stance as well. but when i explained it to a certain SL vehicle importer, he said that cant be done as if i get an invoice to the lesser amount for LC and that will be considered as undervaluation and i will be penalized for doing that, which i was not able to further clarify from him. i perfectly understand that the import tax will be calculated for the CC and it has nothing to do with the CIF value, except for the new lux tax.
  8. hey there, i am in need of some guidance in selecting a correct method to import a vehicle from japan. One of my relatives in Japan bought a 2018 hatchback 1200CC petrol few months back with water damage upto wheel level and have been using it there without any issues. i got my gov permit recently and i want to get that car down here through personnel LC. the reason is i do not have to spend huge amount for the cost of the car. As per my knowledge the CIF value in SL for the same kind of car is about 30 laks but i only have to pay my cousin in japan about 14 laks. if i open an LC for that amount it'll be considered as undervaluation right??? What is the way to open an LC for lesser amount for a damaged vehicle??? anyone with experience in vehicle importation please advice. PS - im not importing this so that i can hide everything and sell it for a profit. im getting it for my own use and so that others wont get rich by using my permit to import cars LOL.
  9. i think they are commonly addressing all Diahatsu petrol car. LOL...
  10. Well its official ladies and gents, published yesterday. a circular might come out soon, not sure though. From Finance Ministry Web page Luxury tax on motor vehicles will not be affected for small vehicles. PUBLISHED ON 31ST OCTOBER 2019 The Finance Act has been amended as proposed in the Budget 2019 by Minister of Finance Hon. Mangala Samaraweera, the tax levied on motor vehicles will only be subject to luxury cars and jeeps and also the new tax will not be relevant to small cars. Vans, single cabs, double cabs, motorcycles and motor tricycles are not subject to this luxury tax. Earlier, double cabs were subject to the luxury tax category but it will be thrown off from November 1. This luxury tax will be effective from the 6th of March 2019 and the new tax will apply to all luxury vehicles in which the letters of credit were opened to import motor vehicles after 6th March. In accordance with the new regulations, while importing diesel as well as petrol cars and jeeps are valued over Rupees 35 lakhs then the luxury tax is levied only for the exceeding amount. The CIF Value of Hybrid Vehicles has been exceeded Rupees 40 Lakhs and the value of an electric vehicle has been exceeded Rupees 60 Lakhs, the Luxury tax will be levied only for the exceeding amount. With the advancement of the technology for motor vehicles, the luxury of vehicles is determined not only by the engine capacity but also the features of a vehicle. Accordingly, the tax on cylinder capacity for petrol cars below 1800 cylinder, diesel cars and jeeps below 2300 cylinder and for electric vehicles below 200 kW will be removed from 1st November. Whereas, until the 31st of October the letters of credit have been opened and the vehicles are imported and cleared before 21st April 2020 will be exempt from the luxury tax. This is further emphasized that this luxury tax will not be applied to small vehicles. Accordingly, this luxury tax will not be applicable for Toyota Vitz, Suzuki Every, Toyota Roomy, Suzuki Alto, Suzuki Baleno, Daihatsu Petrol, Honda Grace, Suzuki Wegon R and Toyota Aqua and also this luxury tax is not subject to normal Axio, Premio and Allion models.
  11. Totally agree. which is BTW we are very good at, going in circles...
  12. i was just interpreting what the doc says. further they have mentioned the before depreciation cost as 17291 GBP for vitara and aft depreciation 85% is 14697 GBP. so in this case the amount u mentioned for a "reasonable used one" is in par with what the doc has mentioned. but in the end i think what customs will consider for CIF value is what the local agent would tell them. or in the case of a model which the agent is not importing to SL i dont know how the CIF is considered by the customs. PS - Much appreciated if anyone can shed some light on how the customs get CIF values for non agent import models.
  13. Vitara's CIF is below 3.5 mil so not lux tax. Vezel even at the same CIF as C-HR is a hybrid so the lux tax exemption limit is 4 mil for hybrid compared to the 3.5 mil for non-hybrids, thus no lux tax for Vezel.
  14. charithtg

    vitz or Wagon R turbo

    So do u think that using a stingray T will be same as using any other turbo petrol car (like the 1000ccs coming out these days)? Or will the engine have more issues in the long run.
  15. charithtg

    Diy-Bmw E46 Cluster Replacement & Coding

    great piece of work sir. very impressive indeed. just one observation, the last pic in the quoted; i see that the RPM needle is not alighted even with power coming to the cluster. this could be due to misalignment during installation. i faced the same situation while doing some work on a Nissan sunny cluster. nothing i did worked as after installation and powering up there were tiny miss alignments. so the best method which i found was before fitting the PCB into the cluster cover, and before installing the needles powerup the board (ACC). the needle servo shafts of RPM, Odeo, and temp (if the engine is cold) are now aliened to the lowest marks on the display. now you can insert the needles as accurately as possible and this will give much more accurate initialization of the gauge needles. Just my experience... Cheers...