What is the road tax in Chandigarh?
Table of Contents
What is the road tax in Chandigarh?
Tax on 4 Wheelers
| Type of Vehicle | Road Tax applicable on the Vehicle |
|---|---|
| Four wheelers costing up to Rs.8,00,000 | Road tax of 6\% is applicable- Rs.48,000 |
| Four wheelers costing up to Rs.12,00,000 | Road tax of 6\% is applicable- Rs.72,000 |
| Four wheelers costing up to Rs.18,00,000 | Road tax of 6\% is applicable- Rs.1,08,000 |
How much GST included in ex-showroom price?
As I went through it, my eyes popped out literally on the amount of taxes that contributed to the ex-showroom price. For example, if I consider an SUV like a Tata Safari, the GST is 43\%. So if the ex-showroom price of a car is Rs, 20 lakhs, then the GST is Rs. 8.6 lakhs.
What is the car registration charges in Chandigarh?
Tax slabs for new vehicles registration
| Types of Vehicles | Lump-sum tax |
|---|---|
| Vehicles which cost up to INR 20 lakh | 6\% |
| Vehicles which cost more than INR 20 lakh | 8\% |
How are RTO charges calculated on old cars?
The road tax for all four-wheelers is calculated by taking into consideration the cost price of the vehicle. Presently, the percentage of road tax in this state is 7\%. For example, if your vehicle has an ex-showroom price of INR 5 lakhs, then you will have to pay a road tax of INR 35000.
What is GST rate on car?
Currently, all automobiles excluding electric vehicles and ambulances attract 18 and 28 per cent GST. The next level of taxation on automobiles comes at the state level as they charge a road tax. The GST burden on electric vehicles and ambulances is lighter.
Does car price include GST?
Advertised car prices, on the other hand, don’t always display the full purchase price. While car prices include GST and luxury car tax, if it’s applicable, they often omit a bunch of on-road charges, the most common being stamp duty, registration, compulsory third-party (CTP) insurance and dealer delivery charges.