Importing Engines?

[JaiRay]

Was thinking of importing a BMW m50 engine or even a jz motor. Any one have any information how the tax system works for importing just the engine of a car?

[vag2]

I think @The Don helped another member to import a Volvo engine from UK last year. @sampath gunasekara

 

[iRage]

  On 2/12/2019 at 12:03 PM, JaiRay said:

Was thinking of importing a BMW m50 engine or even a jz motor. Any one have any information how the tax system works for importing just the engine of a car?

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It used to be up to 40% of value of the engine..if you play your cards right and show it is not for commercial purposes you can pay a lot less. This was what it was when I brought down an engine about 1 year ago. Also, a lot of people get the exporter/seller to undervalue the engine in the invoice. (mind you ..you need the invoice because in order to update the book with the RMV you need to show documents of engine purchase)