If you import it yourself a 1500cc car's only duty alongwith clearing etc will be close to 5 lacs. On top of it , you cannot import a car older then 2005 now, which will be for not less then 5 lacs in Japan. Considering all of these factors, this car is an excellent buy if you get it for 7 lacs even. Anything less like 6 or 6.5 lacs is like getting it for free
I think Vitz 2004, 1000cc model, fresh import's price is 5.5 to 6 lacs !