Total cost of importing a mazda RX7 93 model

[HondaFreak]

Total cost of importing a mazda RX7 93 model?

[levin]

what is the cost of car? add frieght, insurance, vanning. etc.

[HondaFreak]

how much will be the custom duty,frieght on 1992 RX-7

[HondaFreak]

how much will be the custom duty,frieght on 1993 RX-7

[Cylestyne]

Lets see now, an RX-7 in good condition from '93 should be about 1,500,000 Yen which is about 800,000 RS. Knock off about 50% depreciation as that's the max allowed on a model that old.

Subtract depreciation at 50% from the cost of the car.

Add 65% customs duty on a 1300 CC engine car after depreciation.

Add 15% GST

Add income tax at 6%

Add capital value tax at 6.25%

Throw in freight at about $1,000.

Should end up about costing you 1.1 million rupees.

[HondaFreak]

thanks for reply
whts depreciation

[HondaFreak]

n e one else plz

[Cylestyne]

Depreciation: http://www.webster.com/dictionary/depreciation

It's an accounting principle which allows for the reduction in book value of an asset over a specific period of time.