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Old 20th January 2010, 17:20   #1
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Default Andhra Pradesh : Increase of 'Lifetime Tax' from 9% to 12%?

Hi fellow BHPians!

I'd like to know if you've heard of hikes of some 'life tax' for new cars from 9% to 12%.

This was informed by the Chevy salesguy when my friend and I went for a TD of the Beat. This increase alone accounts for an increase of the price from something like 4.04 on road to 4.15 for the BEAT LS Version in Hyderabad.

I've also got an SMS from the Chevy showroom asking me to book early to avoid this. Are any of you guys aware of what this is? And exactly when this is supposed to be in effect?

Thanks much!
~Raj
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Old 27th January 2010, 19:42   #2
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Any clues anyone? (Sorry for the bump.. but I've heard this is supposed to be in effect from Feb). And perhaps applicable only to Andhra Pradesh?
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Old 27th January 2010, 20:12   #3
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For a matter of fact this is for AP only. Thanks to the TG and United Andhra agitations. The government could not sustain the losses due to the bandhs and planned of this tax increase.

I also heard that from Feb this is going to come into effect. If you wish to take a car better rush. Only few days are left.
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Old 27th January 2010, 20:16   #4
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Default It is correct

It was indeed increased to 12% in AP. I do not know the effective date.

But be happy , here in karnataka cars below 5 lakhs pay 13.2% and above 10 lakhs some thing around16 or 18%
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Old 28th January 2010, 09:04   #5
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Thanks for the info rkg!
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Old 28th January 2010, 11:06   #6
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Quote:
Originally Posted by rkg View Post
It was indeed increased to 12% in AP. I do not know the effective date.

But be happy , here in karnataka cars below 5 lakhs pay 13.2% and above 10 lakhs some thing around16 or 18%
It's not 16 or 18% it's 14.3%
Cars below 5L rs attract 13.2%.
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Old 28th January 2010, 11:14   #7
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So far in AP, 9% is the life tax on the first vehicle and 12% is the life tax if you are buying a second vehicle on the same name. Not sure if this is changing. There seems to be no news or notification on the AP Transport website as well. (Welcome To TRANSPORT DEPARTMENT GOVERNMENT OF ANDHRAPRADESH - INDIA)

@Quadmaniac: Is Beat going to be your second vehicle?

Cheers.
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Old 28th January 2010, 11:27   #8
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Quote:
Originally Posted by Ardy View Post

@Quadmaniac: Is Beat going to be your second vehicle?

Cheers.
No, my very first!
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Old 28th January 2010, 12:20   #9
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can you clarify the K'taka LTT rate for the cars in range 5-10 lacs?

Quote:
Originally Posted by sushrutha View Post
It's not 16 or 18% it's 14.3%
Cars below 5L rs attract 13.2%.
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Old 28th January 2010, 13:36   #10
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Quote:
Originally Posted by sushrutha View Post
It's not 16 or 18% it's 14.3%
Cars below 5L rs attract 13.2%.
The tax rates in Karnataka are

cost of the vehicle below 5 lakhs 12%
5 - 10 lakha 13%
above 10 lakhs 16%

in addition there is cess of 10% on the tax rate

with cess it works out 13.2, 14.3 and 17.6% respectively
Transport Department

Last edited by rkg : 28th January 2010 at 13:37.
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Old 28th January 2010, 13:38   #11
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thanks for the clarification!

Quote:
Originally Posted by rkg View Post
The tax rates in Karnataka are

cost of the vehicle below 5 lakhs 12%
5 - 10 lakha 13%
above 10 lakhs 16%

in addition there is cess of 10% on the tax rate

with cess it works out 13.2, 14.3 and 17.5% respectively
Transport Department
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Old 28th January 2010, 13:40   #12
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Seeing this, all states may follow a tax increase?

at present we (kerala) have 6% uniform Life tax (for 15 years), but looking other
states this may also be increased in the near future??
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Old 28th January 2010, 14:30   #13
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Quote:
Originally Posted by nairrk View Post
at present we (kerala) have 6% uniform Life tax (for 15 years), but looking other states this may also be increased in the near future??
Don't worry, we will do a hartal and get it reverted back to 6%
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Old 28th January 2010, 22:59   #14
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Quote:
Originally Posted by quadmaniac View Post
Hi fellow BHPians!

I'd like to know if you've heard of hikes of some 'life tax' for new cars from 9% to 12%.

Thanks much!
~Raj
Hi Raj,
there were two things that got changed in January(Hyderabad).
1)Vat - 12.5 % to 14.5 % so the ex-show room price will increase a little bit.
2)Road tax - 9% to 12%

My friend booked a swift car.In December on-road price was around 5.9L.Now he is paying around 25K more.
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Old 29th January 2010, 17:21   #15
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Thanks for the info Reddy@Hyd

I just enquired - apparently the tax needs to be given on date of delivery (not date of booking). So it's too late already! :(
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