Dear Friends,
Could anyone here please let me know how is the duty calculated on an imported motorcycle?
I thought that the duty was supposed to be calculated on the displacement (CC) of the motorcycles's engine, however I called FBR today and they informed me that the duty is calculated on the INVOICE value of the Bike and not on CC (at least not anymore...)
They guy could be making a wild guess so I want to research this a bit more before I either get the bike I want or give up... the bike I want is a new 1000CC R1 Yamaha.
Thanks in Advance!