Tax Duties on Cars in Bangladesh

[auto_freak]

TAX DUTIES ON CARS:

The table below gives details of the current tax rates depending on the engine capacity of the vehicle. (Brand New/Used Car tax rates)

Duty Structure: Tax Rate

0 - 1500 cc 102%
1501 - 2000 cc 209%
2001 - 2700 cc 438%
2701 - 4000 cc 520%
4001 and above - Not Known
Hybrid Cars (Upto 2000CC) - 60%

• cars imported used do not have any CC Barrier any longer.
• cars/ SUV imported used has to come from country of origin
• cars/ SUV imported used cannot be more than 6 years old
• Any CC used SUV import OK as long as vehicle coming from country of origin
• Any CC cars Suv import allowed from any country if Declared BRAND NEW and has done PSI ( pre shipment inspection ) with appropriate PSI company according to country of import ( vehicle coming from)
• Any cc/age/used/new cars and SUVs allowed for non resident Bangladeshis if they can show they have lived abroad more than 1 year with a source of foreign income and is repatriating permanently. But this law has changed a little bit recently, so not 100% sure.

CD 30%
SD 30%* /60%** /90%***
VAT 15%
AIT 3.5%
LF 4%
IDSC 3%
DFVAT 1.5%

[NoXFoL]

Thanx Tauhid bro for this information.but its too much

[Mr. JDM]

hey dis is on jan ...i just went to a showroom yester day they told me a weird thing...lolz
tax on Toyota Voxy and Noah was increased greatly!!!..bcus every1 is buying them ..and the gov things its causing traffic jams too!! .. i guess they meant that tax of cars above and eqaul to 2000cc r increased...so prados and noahs r gonna cost more now!!

[sakin_uttara]

Tax have been increased from 1500cc mark. plus the registration of over 1800cc cars is now increased by 1lak as far as i have heard.

[auto_freak]

sakin could you update the very first post according to the current rate.

[Mr. JDM]

oi tauhid calculation ta kemne kore janato,,nd i also need to knw je shipping cost ki garir size er upor depend kore? naki company? just tell me how i can calculate tax on 3500cc car....90%of the buying price in japan?

[mekanik]

According to the tax law for importing car in BD cost+90%+Registration plus you personal shipping (price depends on the vehicle weights).

So for an example say you importing the Lexus LX 570 the car price 67k us dollar + the 90% of the tax would add the price to 128k us dollar plus the shipping weight that can lead to upto 5k us dollar and the registration is around 2 lakh-4lakh in bd taka. so now let's see how much this Lexus is really costing you in Bd taka.

128k = 89lakh
5k = 3.5 lakh
3.0 lakh for registration

So the car is costing you 95 lakh which is still cheaper than the Navana intend to sale they will sell it for 1cr35lak to 1cr45lak

[Mr. JDM]

oh i got it !!! thanks a lot bro!!

btw registration in 2006 for 1.5ltr cars were 75000 and for 1500cc and above it is around to 90..its not that much as 4 lks in tk...

>now i heard they have increased the registration price..plus there is also a VAT nd a road tax...(not 100% sure tho) need to knw abt this too..SO if there is a VAT needed to be paid for my PRIVATE car import do I pay it to the "importer?" (the company or ship bringing my car) (<<<need to knw abt this if there is any VAT thing here for pvt car import)

ALL I KNOW is that if i'm buying the car from a showroom then i have to give a VAT to them..i had to give 5000tk vat to a showroom when i bought a 1500cc car last feb2006).

one last thing..if i want to import a car of my own separately then is it possible to get help of a company which has shipping vessels importing and exporting overseas? or is it like i have to tell a shipping company which is only bringing recondition/brand new cars to Bd as ordered by our BD showrooms?

(my family business does not have relation with any shipping thing so it's not possible for me of bring the car in our company's imported things in a ship)

[mekanik]

Well since u have lot's of question let me explain everything. First to import any Vehicles on your own u have to open a LC with a Bank in Bangladesh and import it towards the LC and the VAT have to be paid to Transportation authority at the port. And as far as the shipping company involve you can ask any well know logistic company to do your shipping I'll recommend Conveyor logistics there address is

Conveyor Logistics

57 Kamal Ataturk Avenue (3rd Floor)
Banani Commercial Area
Banani Bazar
Dhaka 1213
Bangladesh
Telephone +880-2-8811817, 8816262, 8827723, 9889113, 9889115
Fax +880-2-9880058
http://conveyorbd.com/home.html
E-mail conveyor@conveyor-bd.com
kabir@conveyor-bd.com

[Mr. JDM]

thanks for the address..thanks for everything...