The Maharashtra government has decided to levy an extra two percent
tax on the registration of new cars/SUVs from October 24,2016 as a part of a
‘road safety fund.’ It claims that this will help improve road safety
measures and prevent accidents.
"The government has defined various categories under which we will levy this cess. It will be collected with the objective of raising a fund that can be used for road safety measures and to prevent fatalities,'' said state transport commissioner Praveen Gedam.
Speaking of the different categories, light motor goods vehicles will have to pay a four per cent cess of the road tax while medium and heavy goods vehicles will have to shell out either 2 percent of the one-time tax or 10 percent of the annual road tax.
As mentioned earlier, new cars and SUVs will be charged an extra two percent cess, but taxis and rickshaws will have to pay no less than five percent of the road tax as a part of this new diktat. The government plans to raise up to Rs 150 crore through this new cess by March 2017.
"The government has defined various categories under which we will levy this cess. It will be collected with the objective of raising a fund that can be used for road safety measures and to prevent fatalities,'' said state transport commissioner Praveen Gedam.
Speaking of the different categories, light motor goods vehicles will have to pay a four per cent cess of the road tax while medium and heavy goods vehicles will have to shell out either 2 percent of the one-time tax or 10 percent of the annual road tax.
As mentioned earlier, new cars and SUVs will be charged an extra two percent cess, but taxis and rickshaws will have to pay no less than five percent of the road tax as a part of this new diktat. The government plans to raise up to Rs 150 crore through this new cess by March 2017.
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