VAT on new cars

caliper · 4th August 2007, 19:24

What's the VAT on new cars? Is it 12.5% or 4.25%? Does it depend on the state?

I ask because the prices given in Overdrive/Autocar seem to be lower than those on dealer/manufacturer websites (even when those websites are per-city).

reignofchaos · 4th August 2007, 21:17

VAT is 12.5% atleast in Bangalore. It is included in the ex showroom price.

abhibh · 4th August 2007, 23:44

caliper prices keep on changing. sometimes manufacturers dont update the prices and they are frequently giving discounts (some of them) so there is price difference.

And as for VAT its included in the ex showroom prices.

caliper · 5th August 2007, 13:40

abhibh and reign, thanks for your comments.

The reason I wanted to know if ex-showroom includes VAT is that I wanted to take the May 2007 Overdrive, which is .5 lakh lower than the manufacturer prices last updated as of May 2007, and try to get the dealer to lower the price.

All comments that will help in this will be appreciated.

4th August 2007, 19:24	#1
caliper BHPian Join Date: May 2007 Location: India Posts: 160 Thanked: 3 Times	VAT on new cars What's the VAT on new cars? Is it 12.5% or 4.25%? Does it depend on the state? I ask because the prices given in Overdrive/Autocar seem to be lower than those on dealer/manufacturer websites (even when those websites are per-city).
	() Thanks

4th August 2007, 21:17	#2
reignofchaos Senior - BHPian Join Date: Apr 2007 Location: Bangalore Posts: 2,542 Thanked: 2,450 Times View My Garage	VAT is 12.5% atleast in Bangalore. It is included in the ex showroom price.
	(1) Thanks

4th August 2007, 23:44	#3
abhibh Senior - BHPian Join Date: Sep 2005 Location: Back in the HOOD near you! Posts: 2,768 Thanked: 39 Times	caliper prices keep on changing. sometimes manufacturers dont update the prices and they are frequently giving discounts (some of them) so there is price difference. And as for VAT its included in the ex showroom prices.
	() Thanks

5th August 2007, 13:40	#4
caliper BHPian Join Date: May 2007 Location: India Posts: 160 Thanked: 3 Times	abhibh and reign, thanks for your comments. The reason I wanted to know if ex-showroom includes VAT is that I wanted to take the May 2007 Overdrive, which is .5 lakh lower than the manufacturer prices last updated as of May 2007, and try to get the dealer to lower the price. All comments that will help in this will be appreciated.
	() Thanks