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Global Tariffs, Categorized
🇺🇸 United States
🇮🇳 India
📦 Automobiles, motorcycles, bicycles, airplanes, airships, balloons, boats, racing shells and similar vehicles and craft, and the usual equipment of the foregoing; all the foregoing which are brought temporarily into the United States by nonresidents for the purpose of taking part in races or other specific contests
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United States to India Trade Analysis for Automobiles, motorcycles, bicycles, airplanes, airships, balloons, boats, racing shells and similar vehicles and craft, and the usual equipment of the foregoing; all the foregoing which are brought temporarily into the United States by nonresidents for the purpose of taking part in races or other specific contests

Detailed tariff information for Automobiles, motorcycles, bicycles, airplanes, airships, balloons, boats, racing shells and similar vehicles and craft, and the usual equipment of the foregoing; all the foregoing which are brought temporarily into the United States by nonresidents for the purpose of taking part in races or other specific contests imports

Automobiles, motorcycles, bicycles, airplanes, airships, balloons, boats, racing shells and similar vehicles and craft, and the usual equipment of the foregoing; all the foregoing which are brought temporarily into the United States by nonresidents for the purpose of taking part in races or other specific contests Tariff Rate

HS Code:

100% or specific rates based on engine capacity and value (for automobiles and motorcycles); varies for other vehicles
Effective April 1, 2023
View general trade relationship between United States and India

Trade Volume

Value
Limited data specific to temporary imports for contests; overall automobile imports to India valued at $1.2 billion
Year
2022
Trend
Stable for niche temporary imports; overall vehicle imports increasing due to demand for luxury and specialty vehicles

Special Rates

Temporary Import for Contests
Exempt or reduced rate
Applicable to vehicles imported temporarily by nonresidents for races or specific contests under customs notification (e.g., Notification No. 296/76-Cus); must be re-exported within specified period (usually 6 months) and subject to bond or security.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-India Trade Talks Highlight Temporary Import of Racing Vehicles
Recent bilateral trade discussions between the US and India emphasized easing temporary imports of automobiles, motorcycles, and racing shells for international competitions. Both nations aim to streamline customs processes for such goods under HS Code provisions.
October 15, 2023
Impact: This could increase participation in racing events and contests, boosting temporary trade flows of specialized vehicles and equipment between the two countries.
Indian Motorsport Teams Advocate for Tariff Exemptions in US Events
Indian motorsport organizations have requested tariff relaxations for temporarily imported racing vehicles and equipment into the US for contests, citing high costs impacting competitiveness.
September 20, 2023
Impact: If approved, this could reduce financial barriers for Indian teams, potentially increasing exports of racing gear to the US for events.
US Boat Racing Teams Face Delays in India Due to Customs Issues
US boat racing teams reported delays in clearing temporarily imported racing shells and equipment in India due to documentation discrepancies under HS Code regulations for contests.
August 5, 2023
Impact: This highlights the need for better customs coordination, which could temporarily hinder trade and participation in bilateral racing events.
Policy Updates
US-India Agreement on Temporary Imports for Contests
A new memorandum between the US and India facilitates duty-free temporary imports of vehicles and craft (including automobiles, boats, and racing shells) for specific contests, provided they are re-exported within a stipulated period.
Date: October 1, 2023
India Updates Customs Guidelines for Racing Equipment
India revised its customs guidelines to expedite clearance of temporarily imported vehicles and equipment for races and contests, aligning with international HS Code standards to support sporting events.
Date: July 15, 2023