Luxury Tax on Motor Vehicles

Luxury Tax on Motor Vehicles

1) One-time payment luxury tax will be introduced in lieu of the present system of payment over 7 years

2) The present system will be continued for the vehicles already registered

3) Tax depends on the band of engine capacity or motor power of the vehicle as follows:

Super Luxury (Rs.) Luxury (Rs.) SemiLuxury (Rs.)

Dual purpose (Petrol/diesel) 2200cm3 250,000/-

Motor Car
Petrol 1800cm3 < x ≤ 2500 cm3 Diesel 2200cm3 < x ≤ 3000 cm3 Electric 200 kW < x ≤ 300 kw 500,000/- Petrol 2500cm3 < x ≤ 3500 cm3 Diesel 3000cm3 < x ≤ 4000 cm3 Electric 300 kW < x ≤ 400 kw 1,000, 00/- Petrol 3500cm3 < Diesel 4000cm3 < Electric 500 kW < 2,000,000/-

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