I have no recent information about this although I do remember someone clearing it with Indian customs to leave their bike in a bonded warehouse while they went home, but it is usually easier to do this in Nepal where customs are far more relaxed and helpful, I have entered Nepal twice by motorcycle, once on a UK registered and again on an Indian registered and my experience is they do not write it into your passport, with the Indian registered one they did not even make a record of its entry.
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