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Import Duty for New Automobiles

This query is : Resolved 
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(Querist)
10 January 2011 Dear Sir/Madam

I would like to know the rate of Import duty for new automobiles.Many people misguide by saying it is 100% to 150%.

Ex: I am importing a Yamaha Bike which costs Rs 10 lacs INR in japan.How much should i shell out towards Customs?
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
11 January 2011 for quick reply provide ritc hs code .
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Puneeth.H

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Puneeth.H (Querist)
12 January 2011 Dear Sir,

The code is 8706
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
14 January 2011 THANKS,

PLEASE NOTED THAT:-
NCCD:- 1%
BCD:-10%,
ACD:-4%,
CVD:-10%,
CESS:-.64%

TOTAL(26.849%)
Regards,
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