Motor Vehicles Charges & Fine

Fine on Road Accidents

A fine of Rs 10,000/- will be imposed on person who is responsible on road accidents payable in case of road accidents. In addition the cost to the government property damage (if any) is also payable.

 

Vehicle Valuation Certificate Fee:

A fee on valuation certificates obtainable for finance facilities will be charged:

– Three wheeler/Motor Cycle – Rs.5,000/-

– All other vehicles – Rs.25,000/-

Effective date :  January 1, 2016.

 

Unregistered vehicles to be registered before 31/03/2016:

Such vehicles could be registered by paying the following fee to RMV:

– Cars/ Vans – Rs.01 Mn

– Other vehicles – Rs.0.75 Mn

 

Vehicle Entitlement fee:

A fee will be imposed in lieu of ‘Motor Vehicle Importers Registration fee’ with effect from January 1, 2016, payable to the Commissioner General of Inland Revenue before the opening of LCs at the

following rates:

Type Rate per vehicle

Motor Cycle/three wheelers- Rs.2,000/-

Motor Cars – Rs.15,000/-

 

Auctioning of Number Plate –

Unique lifetime Number will be subjected to an Onetime fee of Rs.2.50Mn

 

Emission Levy –

The levy is payable to the Divisional Secretariat at the point of renewal of annual license on every motor vehicle which is over 03 years at the rate of Rs 5,000/- per year.

 

Motor Vehicle Licence Fee will be revised with effect from January 1, 2016.

 

Luxury & Semi-Luxury Motor Vehicle Tax : [Amendment of PART II of the Finance Act No. 16 of 1995]

 

Luxury & Semi-Luxury Motor Vehicle Tax will be removed with effect from April 1,2016.