Duty Land Cruiser 2010 model?

4X4 and Off-Road Vehicles

Land Cruiser

model

Tags: #<Tag:0x007fa5103b5148>

Tezz (Tezz) 2013-06-06 15:15:37 +0500 #1

Im planning to import a Land Cruiser G 2010 model. What is all custom duty?

I would appreciate a detailed reply to the subject issue. Thanks in advance

Sharabhi (Sharabhi) 2013-06-06 15:25:17 +0500 #2

Pm me your email address i will send u proper estimate of 2009 and 2010 ZX URJ202

BackToCivicFaiez (BackToCivicFaiez) 2013-06-09 09:27:43 +0500 #3

the land cruiser top of the line ZX model cost app. USD 65,000 which is almost 65 lacs. Duty is calculated by original retail price minus depreciation. Depreciation is calculated by 1% per month. so if the land cruiser is exactly 5yrs old model, then depreciation would be 56%. That means duty to be paid will be 44% of the car's original retail price (factory price). so 44% of USD65,000 is ~USD29,000. After that add 15% tax and 2 other taxes (I forgot their names) and total in taxes is almost 18% or 19% or so(I dont know on what amount the tax is paid, whether its total duty+car value or just car value or just duty etc...). So the total now(assuming you got the land cruiser for say USD40,000) is almost USD70,000 including shipping. Since I don't remember on what amount the sales tax is to be paid, lets just add a 20% of USD70,000, which brings the total to about USD84,000. Lets round that to a landed cost of 85 lac ruppees (If I'm not wrong).

This is what it costs these dealers to import the car and then they sell it to you for 1.3crore lol...I must say land cruiser business is extremely lucrative these days.

Similarly (according to this calculation method) a brand new 2013 zero meter ZX(top of the line model) should not cost more than 1.6 crore or so. Where as in the market, I've seen people asking 1.6crore for a used model (wtf?).

Right now dealers are bigger rip offs than the manufacturers. I mean they are making over 30% profit in just 2months !!!
@capsat: plz tell me I'm right. Last time I asked you, this is the calculation method you described. Is it changed now ?

Either my calculation method is wrong or these people really are making alot of money.

highalert (highalert) 2013-06-09 09:50:36 +0500 #4

@ BackToCivicFaiez ............ duty on 2011 ZX is Rs. 8375000/- and cost 6500000 from japan to pakistan , total approx. Rs. 14875000/-

BackToCivicFaiez (BackToCivicFaiez) 2013-06-09 10:00:00 +0500 #5

plz explain how you got this figure ?

WaleedZi (WaleedZi) 2013-06-09 10:18:37 +0500 #6

BackToCivicFaiez;3904938:

the land cruiser top of the line ZX model cost app. USD 65,000 which is almost 65 lacs. Duty is calculated by original retail price minus depreciation. Depreciation is calculated by 1% per month. so if the land cruiser is exactly 5yrs old model, then depreciation would be 56%. That means duty to be paid will be 44% of the car's original retail price (factory price). so 44% of USD65,000 is ~USD29,000. After that add 15% tax and 2 other taxes (I forgot their names) and total in taxes is almost 18% or 19% or so(I dont know on what amount the tax is paid, whether its total duty+car value or just car value or just duty etc...). So the total now(assuming you got the land cruiser for say USD40,000) is almost USD70,000 including shipping. Since I don't remember on what amount the sales tax is to be paid, lets just add a 20% of USD70,000, which brings the total to about USD84,000. Lets round that to a landed cost of 85 lac ruppees (If I'm not wrong).

This is what it costs these dealers to import the car and then they sell it to you for 1.3crore lol...I must say land cruiser business is extremely lucrative these days.

Similarly (according to this calculation method) a brand new 2013 zero meter ZX(top of the line model) should not cost more than 1.6 crore or so. Where as in the market, I've seen people asking 1.6crore for a used model (wtf?).

Right now dealers are bigger rip offs than the manufacturers. I mean they are making over 30% profit in just 2months !!!
@Naweed : plz tell me I'm right. Last time I asked you, this is the calculation method you described. Is it changed now ?

Either my calculation method is wrong or these people really are making alot of money.

Sorry man but Please stop misguiding people. First of all there's no 5 years old ZX. It was launched in 2009. Secondly, the MSRP for Landcruiser is somewhere around $80,000. Third, you cannot get a AX g-selection 2008 for $40000, forget the 2009 ZX!. The price in japan for a good option and a 4.5-5 grade 2008 AX G-selection is around 6.5 million jpy which is definitely way more than $40,000.
A Neat 2009-10 ZX is for around 7.5 million jpy.
I can't understand how you are calculating the duty as well but its definitely way more than that you've calculated.
The Market price in Pak for a good AX G-selection 2008 with genuine tv is around 12 million rs and around 16-16.5 million rs for 2009-10 ZX.

I myself have imported a couple of Landcruisers both ZX and AX G-selection for family and friends and i'm not a dealer!
I know what duties we pay'd and what are the costings.
Believe me or not they're way more than what you are calculating.

BackToCivicFaiez (BackToCivicFaiez) 2013-06-09 12:18:52 +0500 #7

WaleedZi;3904981:

Sorry man but Please stop misguiding people. First of all there's no 5 years old ZX. It was launched in 2009. Secondly, the MSRP for Landcruiser is somewhere around $80,000. Third, you cannot get a AX g-selection 2008 for $40000, forget the 2009 ZX!. The price in japan for a good option and a 4.5-5 grade 2008 AX G-selection is around 6.5 million jpy which is definitely way more than $40,000.
A Neat 2009-10 ZX is for around 7.5 million jpy.
I can't understand how you are calculating the duty as well but its definitely way more than that you've calculated.
The Market price in Pak for a good AX G-selection 2008 with genuine tv is around 12 million rs and around 16-16.5 million rs for 2009-10 ZX.

I myself have imported a couple of Landcruisers both ZX and AX G-selection for family and friends and i'm not a dealer!
I know what duties we pay'd and what are the costings.
Believe me or not they're way more than what you are calculating.

From toyota.jp :

[TABLE="class: conceptTbl1, width: 705"]
<tbody>[TR]
[TH="class: thFooter, bgcolor: #D3D3D5"]価格[/TH]
[TD]4,400,000円（消費税抜き4,190,476円）～6,350,000円（消費税抜き6,047,619円）[/TD]
[/TR]
</tbody>[/TABLE]

some japanese member translate this plz.

And here is for prado as well :

[TABLE="class: priceTbl, width: 705"]
<tbody>[TR="class: firstTr"]
[TH="class: thGrade, bgcolor: #D2D2D2, align: center"]グレード
[/TH]
[TH="class: thEngine, bgcolor: #D2D2D2, align: center"]エンジン
[/TH]
[TH="class: thDrive, bgcolor: #D2D2D2, align: center"]駆動
[/TH]
[TH="class: thMission, bgcolor: #D2D2D2, align: center"]ミッション
[/TH]
[TH="class: thCapacity, bgcolor: #D2D2D2, align: center"]乗車定員
[/TH]
[TH="class: thPrice, bgcolor: #D2D2D2, align: center"]メーカー希望小売価格＊1
[/TH]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

TZ-G

[/TH]
[TD="class: engine, align: center"]4.0L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]5 Super ECT
[/TD]
[TD="class: capacity, align: center"]7人乗り
[/TD]
[TD="class: price, align: center"]4,750,000円
（消費税抜き4,523,810円）
[/TD]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

[/TH]
[TD="class: engine, align: center"]4.0L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]5 Super ECT
[/TD]
[TD="class: capacity, align: center"]7人乗り
[/TD]
[TD="class: price, align: center"]4,100,000円
（消費税抜き3,904,762円）
[/TD]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

TX“Lパッケージ”

[/TH]
[TD="class: engine, align: center"]2.7L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]ECT-E
[/TD]
[TD="class: capacity, align: center"]7人乗り
[/TD]
[TD="class: price, align: center"]3,740,000円
（消費税抜き3,561,905円）
[/TD]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

[/TH]
[TD="class: engine, align: center"]4.0L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]5 Super ECT
[/TD]
[TD="class: capacity, align: center"]7人乗り
[/TD]
[TD="class: price, align: center"]3,700,000円
（消費税抜き3,523,810円）
[/TD]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

[/TH]
[TD="class: engine, align: center"]2.7L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]ECT-E
[/TD]
[TD="class: capacity, align: center"]7人乗り
[/TD]
[TD="class: price, align: center"]3,300,000円
（消費税抜き3,142,857円）
[/TD]
[/TR]
[TR]
[TH="class: grade, bgcolor: #EBEBEB !important, align: center"]

TX for 5 persons

[/TH]
[TD="class: engine, align: center"]2.7L
[/TD]
[TD="class: drive, align: center"]4WD
[/TD]
[TD="class: mission, align: center"]ECT-E
[/TD]
[TD="class: capacity, align: center"]5人乗り
[/TD]
[TD="class: price, align: center"]3,150,000円
（消費税抜き3,000,000円）

[/TD]
[/TR]
</tbody>[/TABLE]

Sharabhi (Sharabhi) 2013-06-09 15:58:59 +0500 #8

Duty on 2011 urj 202 is 92lacks and on 2012 1crore 8lacks

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TheGreatOneAK316 (TheGreatOneAK316) 2013-06-10 06:22:36 +0500 #9

BackToCivicFaiez;3904938:

the land cruiser top of the line ZX model cost app. USD 65,000 which is almost 65 lacs. Duty is calculated by original retail price minus depreciation. Depreciation is calculated by 1% per month. so if the land cruiser is exactly 5yrs old model, then depreciation would be 56%. That means duty to be paid will be 44% of the car's original retail price (factory price). so 44% of USD65,000 is ~USD29,000. After that add 15% tax and 2 other taxes (I forgot their names) and total in taxes is almost 18% or 19% or so(I dont know on what amount the tax is paid, whether its total duty+car value or just car value or just duty etc...). So the total now(assuming you got the land cruiser for say USD40,000) is almost USD70,000 including shipping. Since I don't remember on what amount the sales tax is to be paid, lets just add a 20% of USD70,000, which brings the total to about USD84,000. Lets round that to a landed cost of 85 lac ruppees (If I'm not wrong).

This is what it costs these dealers to import the car and then they sell it to you for 1.3crore lol...I must say land cruiser business is extremely lucrative these days.

Similarly (according to this calculation method) a brand new 2013 zero meter ZX(top of the line model) should not cost more than 1.6 crore or so. Where as in the market, I've seen people asking 1.6crore for a used model (wtf?).

Right now dealers are bigger rip offs than the manufacturers. I mean they are making over 30% profit in just 2months !!!
@capsat: plz tell me I'm right. Last time I asked you, this is the calculation method you described. Is it changed now ?

Either my calculation method is wrong or these people really are making alot of money.

I've seen the ad in PW of someone selling the LC 200 for 2.5 Crores.

BackToCivicFaiez (BackToCivicFaiez) 2013-06-10 15:59:36 +0500 #10

and from where did you get those figures from?

the brand new ZX is selling for around $65k according to toyota.jp after tax. how can the duty be more than that?

WaleedZi (WaleedZi) 2013-06-10 16:03:06 +0500 #11

The duty is 204.5 percent on the ITP without rebate.. Please check the website New and Used Car Reviews & Auto-Industry News & LeftLaneNews for the price of 2013 Landcruiser zero meter. It clearly states $79k for
LC 2013.

BackToCivicFaiez (BackToCivicFaiez) 2013-06-10 16:20:29 +0500 #12

that looks like a us website.

look here:

toyota.jp ?????h?N???[?U?[ ?b ?T?v?E?O???[?h?E???i ?b ?O???[?h?E???i

it clearly mentions the price as 6,350,000 yen for the ZX.

can u post a link to FBR or customs website with the duty calculation method etc..?

it was 100% something on the ITP earlier, did it change or what? they doubled it all of a sudden??

murtaza_murti (murtaza_murti) 2013-06-10 16:46:06 +0500 #13

The custom duty on vehicles above 1800cc is fixed according to their respective chassis numbers, it has nothing to do with the MSRP of the particular vehicle.

BackToCivicFaiez (BackToCivicFaiez) 2013-06-10 17:14:29 +0500 #14

I think you are wrong...

Last year I checked in full detail with help of @capsat and using official government issued pdfs on government websites (I think it was FBR website), the exact way of how the duties are calculated on above 1800cc cars.

Now if the method is still the same, then you are wrong.

WaleedZi (WaleedZi) 2013-06-10 18:17:27 +0500 #15

I dont seem to understand why there's a difference of ITP between toyota.jp and Toyota Cars, Trucks, SUVs & Hybrids | Toyota Official Site..
I'll find and post the link to the calculation method soon iA.
On Cars less than 1800cc, its 115 percent on the ITP.
And On the cars more than 1800cc its 204.5 percent on the ITP.

BackToCivicFaiez (BackToCivicFaiez) 2013-06-10 20:14:25 +0500 #16

probably because toyota has its biggest plants in japan.

If I'm not wrong, below 1800cc is fixed duties depending on cc bracket.

murtaza_murti (murtaza_murti) 2013-06-10 20:46:02 +0500 #17

Then can you please explain how custom duty is calculated, you must know as you have mentioned you have done it before.

WaleedZi (WaleedZi) 2013-06-11 05:05:12 +0500 #18

You are definitely right. The japanese cars below 1800cc have fixed duties variable to the CC's and the year of manufacture. This is because the ITP's have been fixed on CC's..

Moreover,The duty is calculated as per the orignal method 115 percent on the fixed ITP and the rebate etc.
This is only for Japanese makes

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WaleedZi (WaleedZi) 2013-06-11 05:08:12 +0500 #19

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WaleedZi (WaleedZi) 2013-06-11 05:13:13 +0500 #20

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