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Old 12th October 2007, 12:24   #1 (permalink)
rkg
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Default Registration charges on Motor vehicles in karnataka

I have seen some discussion on this topic in safari 2.2 thread. then i explored and found out the actual charges as per the budget speech of finance minister. as per this that tax rates on cars is

Upto 5 lakhs 10% ( 9% existing)
5-10 lakhs 11%(10% existing)
above 10 lakhs 14% ( 12% existing)
but when one sees the rates quoted by car dealers( both TATA and hyundai) they are charging 11% for cars below 5 lakhs( one can check || Prerana Motors (P) Ltd || and Trident Hyundai)

similarly for motor vehicles the new tax is 8 % for those below 50K and 10% for above 50K. but here too dealers are asking 8.8%
does any one know why is it so.
who is getting this one percent excess charges by dealers?
this does not include other charges at RTO for that car dealers/bike dealers are charging separately as handling charges. in case of bikes the other RTO charges amount to rs 250/- but they are charging another 600 extra
for cars hyundai dealer is asking for 4.5 K for santro.
TATA dealers 3K for indica
the link for budget proposals is
http://www.kar.nic.in/finance/bud2007/ann07.htm

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Last edited by rkg : 12th October 2007 at 12:26.
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Old 12th October 2007, 13:07   #2 (permalink)
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the Karnataka RTO link gives the following rates :



There is also a 5 sqmt clause which is unclear, but you are right, there is a lot of confusion in this and someone is making the best out of it inbetween. Thats why i suggested that the RTI act needs to be invoked for this with the RTO for clarity.
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Old 12th October 2007, 13:10   #3 (permalink)
rkg
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Dadu
RTO site is not updated. in the link posted it clearly gives existing rates and the proposed rates for the year 2007-08. it is very clear the rates are increased. but the dealers are charging one percent more than prescribed by govt. where this is going?
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Old 12th October 2007, 13:28   #4 (permalink)
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You are right, although the index page shows "18/09/2007" as the last updated date for the RTO website, but the budget shows proposed rates, and I believe the budget was accepted without amendments.



But still as you said, dealers are charging even extra than these rates.

Any BHPian who is planning to buy now can confront the dealer with this information and lets see what their response is.

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Originally Posted by rkg View Post
Dadu
RTO site is not updated. in the link posted it clearly gives existing rates and the proposed rates for the year 2007-08. it is very clear the rates are increased. but the dealers are charging one percent more than prescribed by govt. where this is going?
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Old 12th October 2007, 23:40   #5 (permalink)
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Its daylight robbery if this is true. How can the dealers get away with this? There has to be a catch here?
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Old 15th October 2007, 10:59   #6 (permalink)
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If i remember correctly this registration amount needs to be given as a separate DD favoring the respective RTO, not sure how can the dealer get a kick back from this.
If its a cheque in favor of the dealer, then its a different scene.

Karthik
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