Diesel vehicles costlier from next wk | autos | Hindustan Times
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Diesel vehicles costlier from next wk

autos Updated: Jul 09, 2011 02:19 IST
Atul Mathur
Atul Mathur
Hindustan Times
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From next week, get ready to pay more for diesel-run cars.

The Delhi government is likely to notify increased registration tax on diesel vehicles — cars and commercial vehicles — next week. The buyer will have to pay 25% of the existing tax rate on diesel-run vehicles specified in schedule-I of the Motor Vehicle Taxation Act, 2004.

For diesel cars priced up to R6 lakh, buyers will have to pay 5% of its cost as registration tax. Tax will be charged at 8.5% for cars priced R6-10 lakh and at 12.5% for those costing over R10 lakh. The current registration tax ranges from 4% to 6% of the cost of the vehicle. http://www.hindustantimes.com/Images/HTEditImages/Images/09_07_11-metro1b.jpg

“We will notify the new tax rates anytime next week,” a transport official said. Department officials said the tax hike is to discourage people from buying luxury cars that run on subsidised fuel. Officials also believe diesel vehicles cause more pollution.

Of 1,000-1,200 cars sold in the Capital every day, diesel cars constitute about 40%. Delhi will be the only state in the country to have a different tax structure for petrol and diesel cars.