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HindustanTimes Mon,21 Apr 2014

Cars, two-wheelers to cost more in Haryana

PTI  Chandigarh, March 29, 2013
First Published: 21:22 IST(29/3/2013) | Last Updated: 21:24 IST(29/3/2013)

Cars and two-wheelers in Haryana will now cost more as the state government Friday decided to increase road tax.

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The state cabinet which met today also decided levying VAT on bidis to discourage consumption.

It approved the Transport Department's proposal to revise the existing rates of road tax for the vehicle used for personal purposes, an official release said.

For two-wheelers costing up to Rs. 20,000, the rate of road tax will remain unchanged, which is two per cent.

For two-wheelers costing more than Rs. 20,000 and up to Rs. 60,000, 4 per cent tax would be levied. Similarly, it would be 6 per cent on vehicles costing above Rs. 60,000 and up to Rs. 2 lakh.

The road tax will be 8 per cent on vehicles having cost of above Rs. 2 lakh, an official release said here.

Earlier, 4 per cent and 5 per cent tax was levied on vehicle costing Rs. 60,000-up to Rs. 4 lakh and over Rs. 5 lakh respectively.

Similarly for four wheelers including cars, owners will have to pay a tax at a rate of 3 per cent for vehicles costing up to Rs. 6 lakh.

The rate of six per cent will be applicable for cars costing between Rs. six lakh and Rs. 10 lakh.

For cars costing above Rs. 20 lakh, the rate of tax will be nine per cent. The tax shall be levied on ex-showroom price of the vehicle including VAT.

Previously, vehicles costing up to Rs. 5 lakh were charged 2 per cent, Rs. 5-10 lakh at 4 per cent, Rs. 10-20 lakh at 6 per cent while 8 per cent on vehicles costing above Rs. 20 lakh.

The release said that the Punjab Government has already revised its rates and is charging a minimum motor vehicle tax of six per cent on four wheelers from the year 2012. A similar proposal is also under consideration of the Chandigarh Administration, it said, adding the rates of road tax being charged by Delhi Government are also on higher side.

The rates of road tax to be charged by Haryana Government after revision will continue to be on the lower side as compared to the rates prevalent in the adjoining states, it pointed out.

Meanwhile, with a view to discourage the consumption of ?bidis?, the State Government decided to levy VAT at a rate of five per cent (plus surcharge at a rate of five per cent) on the sale of ?bidis? with immediate effect.

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